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Virgin Galactic
Acquired
Reusable Spacecraft
The idea of using a prize to spur innovation is pretty cool, totally. I'm not sure this was the intention behind it, but all these prizes since them have sort of realized you get an amazing amount of leverage on your dollar. So inspired by this history, we now pass forward about seventy years past the linberg flight to nineteen ninety five. A gentleman named peter damandis puts forward an idea for a similar aeronautical innovation prize, this time for space. And he deposits, if we put forward a ten million dollar prize for somebody, not a government, to build and launch a reusable, crude spacecraft into space....
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