Filed in archive Entrepreneurship by tj on October 4, 2004

Source: MSNBC

Wow - after having serious doubts a year ago I can now understand the euphoria in building a space ship. If the optimism should be extend to space travel I'm still in doubt but the US$ 20 million investment for SpaceShipOne has been quite successful.
This article is one of the best summaries I could find today:

"Winning the X Prize should bring the first substantial payback for Allen, who has said he's invested more than $20 million to win the $10 million prize. But Rutan and Allen are looking forward to additional payoffs from SpaceShipOne's successors: Richard branson, head of the British-based Virgin Group, announced a deal to license the venture's technology last week --- and witnessed Monday's flight."

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Travel to Space - 11 August 2005
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Is There Such a Thing as Too Successful? - 05 November 2007
Travel To Space: $200,000 Per Seat! - 29 July 2008
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Permalink: SpaceShipeOne successful

Tags: space travel entrepreneurship successful technology spaceshipeone+successful venture+capital brother

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