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Sep 10, 2020

39% of The World’s Rich Would Take a Space Flight – But Then What?

Posted by in categories: finance, space travel

The modern space race is getting closer to making astronauts out of tourists – and a new survey finds that there is already pent-up demand, even as questions linger over the industry.

About 39 per cent of people with a net worth of more than $5 million (Dh18.3m), a total addressable market of about 2.4m, are interested in paying at least $250,000 (the current price) for a Virgin Galactic flight to the edge of space, according to financial services firm Cowen.

These findings come as Virgin Galactic takes another step towards offering commercial space flights, which will one day provide paying customers about six minutes of weightlessness as the spacecraft hurtles through Earth’s atmosphere.


A third of people with a net worth of more than $5m are interested in paying at least $250,000 for six minutes of weightlessness and a chance to take in a view of Earth.

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