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A billionaire CEO is on track to go further into space than any human in 50 years

Jared Isaacman — the billionaire CEO of payments processing company Shift 4 — is buying three more flights with SpaceX, the first of which is scheduled for this year and could put Isaacman and SpaceX on track to travel deeper into space than any human has traveled in a half century.

The first flight in the series of missions, which are being called “Polaris” after the North Star, is planned for late this year and will last up to five days and include a crew of Isaacman and three other people. It’s expected to travel out to the Van Allen radiation belt, which has an inner band that stretches from about 400 to 6,000 miles above Earth, in part to help the crew research how radiation in space affects the human body. Radiation remains a serious concern for spaceflights to the moon and Mars, as SpaceX says it aims to do, because they would require prolonged exposure to radiation, which can lead to an “increased risk of cancer and degenerative diseases” and other long-term impacts, according to NASA.

When asked on a press call Monday, Isaacman said the Gemini missions of the 20th century, which set altitude records at the time, are a guidepost for how high the first Polaris mission will travel. Gemini missions reached as high as about 850 miles — or about three times higher than where the International Space Station orbits. Isaacman declined to share a specific altitude for the flight.

New report argues for ownership of the Moon

The Adam Smith Institute (ASI), a neoliberal think tank based in London, UK, has published a new report on property rights in space. It suggests dividing the Moon into regions and privatising it, which the institute believes could help end global poverty.

Space Invaders: Property Rights on the Moon, by economic consultant Rebecca Lowe, argues that creating a clear system of property rights in space could empower all of humanity with a greater stake in space exploration, as well as accelerating scientific discovery.

The Outer Space Treaty of 1967 – of which 111 countries are party to, including all major spacefaring powers – states that space is the “province of all mankind” and shall be freely explored and used by all nations. It precludes any country from claiming sovereignty over outer space or any celestial body, regardless of what national flags are planted on its surface.

Virgin Galactic stock jumps 32% as spaceflight ticket sales open with $150,000 deposit

Space tourism company Virgin Galactic announced Tuesday that it will open ticket sales to the public for the first time on Wednesday, requiring a $150,000 deposit.

Virgin Galactic ticket prices start at $450,000 each, as the company revealed last year, with three different sales offerings: a single seat purchase, packaged seats for couples, friends or family, or opportunities to book entire flights. The company has said previously that — of the $150,000 deposit — $25,000 is not refundable.

Shares of Virgin Galactic jumped 32% in trading to close at $10.74. The stock has been battered over the past 12 months, dropping 80%, with the company having delayed the beginning of commercial spaceflights to late this year.

Billionaire who flew into orbit last year funds another SpaceX mission, this time even higher up

While some of the criticism of late about billionaires going to space is valid — Virgin Galactic CEO’s 10 seconds of BARELY sub orbital jaunt, and Bezo’s midlife crisis flight and jacket photo-op — Musk is getting things DONE. I love the idea of billionaires funding entire missions, not for their own self gratification, but to Get. Things. Done. (with a touch of personal gratification, but it’s being in SPACE, who can blame them for a small bit of joy when it comes with so much benefit to all? That’s what separates Musk from his lesser peers.)


Tech entrepreneur Jared Isaacman announced Monday that he will make another private spaceflight launching from NASA’s Kennedy Space Center, alongside two SpaceX engineers and a former Air Force fighter pilot.

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