13
January
2015

Moving Forward After the Crash of SpaceShipTwo

Moving Forward After the Crash of SpaceShipTwo

Taking that as a guide, VG would need to be, at least, a $2 billion program. But can any company afford to do private space safely? Marco Caceres, a space-industry analyst at Teal Group, named one contender: SpaceX. Founder Elon Musk's company is positioned for success because it's financing its development with commercial and government clients, not celebrities. "That sort of funding won't come from a few hundred adventure seekers," Caceres says. "It's going to take big-time investment."

Tags Elon Musk, SpaceX Media Outlet: Popular Science Featured Analyst Marco A. Caceres

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