Spaceward ho!
Tuesday, March 20th, 2007The critical variable for measuring progress in the effort of humankind to get into space is examining how much currency it takes to take a certain amount of mass into orbit. The more efficiently it can be done, the less humanity will be shackled to one planet.
For a long time space travel has been thought of as so expensive that it was the province of governments. Yet governments are notoriously bad at spending money to undertake revolutionary or even evolutionary innovations.
Private space travel is going to put some shame into the debacle that is government funded space travel. Far less money, far more impressive results. Burt Rutan designed SpaceShip One (http://www.scaled.com/projects/tierone/), a private space ship that reached into the boundary of space. Here he is explaining why government funded space travel sucks at innovation: http://www.ted.com/tedtalks/tedtalksplayer.cfm?key=b_rutan
Now Elon Musk’s SpaceX rocket, which greatly decreases the cost of getting to space, has launched successfully enough to prove that rockets much cheaper than the prior state of the art can reach space: http://crunchgear.com/2007/03/20/spacex-successfully-launches-falcon-1-rocket/#more-5140
These achievements are important not just in themselves, but for the new capital, new ideas, and new entrepreneurs they will attract into the quest to reach for the stars above.