WHAT’S BEING CLAIMED:
- Three billionaires- Elon Musk, Richard Branson and Jeff Bezos- are all set for biggest space race; who would be the first to be able to send people to Mars.
- According to an analysis, Mr. Musk is likely to win the race for his drive and passion for space travel for so many years especially with his Crew Dragon spacecraft set to send people to the international space center this year.
- Space discovery has since become a hobby for the world’s wealthiest since it started as a competition between nations.
As plans are being conceived to colonize Mars with the booming space sector expected to be worth $1trillion by 2040, billionaires Elon Musk, Richard Branson and Jeff Bezos are preparing to battle it out for probably the largest growth industry of them all.
Mr. Musk is likely to emerge the winner, suggests a new analysis. For several years now, Musk has had set his sights on space and last week’s successful launching of his Falcon Heavy rocket is a major step ahead for his dreams of sending men to Mars by 2024.
However, Mr. Branson‘s own space tourism rocket plane called SpaceShipTwo, VSS Unite has for the first time reached a space altitude, while space race freshman Amazon boss Mr. Bezos, founder of Blue Origin in 2000 is reckoned to have invested in the project worth $500million of his own money.
According to an analysis by RS Components senior vice president Alexandra Berger, the global supplier of electronic components, Musk is viewed as having the most drive and passion for space travel, which makes him the ideal market leader. However, it remains to be seen whether Musk can deliver on his astronomical ambitions over the next decades.
When it comes to achievements in space explorations, the space race is known for being a competition between nations starting in the mid to late 20th century by the US and the Soviet Union. Since then, space discovery has turned into a hobby for the world’s richest people, specifically Jeff Bezos, Richard Branson and Elon Musk, all of whom strive for outer space commercialization by the end of 2019, said Berger.
She continued to say that Bezos’ New Shepard spacecraft with a capacity for six passengers and has traveled four times faster than the speed of sound was scheduled for launch this year. VSS Unite, on the other hand, is also set to send people into space this year, of which tickets are expected to sell between $200,000 and $300,000.
However, of the three, Berger concluded that Elon Musk has stood out as the most ambitious. His ultimate goal for the launching of SpaceX in 2002 is to colonize Mars.
Furthermore, he has shown his intent to get people into outer space through his $2.6 billion worth of project with NASA wherein this year, his Crew Dragon 2 spacecraft is set to transport travelers and cargo to the international space center.
“His hopes to blast people on the first human voyage to Mars as close as 2024, with the first boots set to land on the planet in 2025, suggests that these changes may be closer than we thought.”
Meanwhile, the 23-story tall Falcon Heavy took off from Florida’s Kennedy Space Center taking its first customer payload last week.