Billionaires can pay $100,000,000 to orbit the moon in a Russian spacecraft, and $20,000,000 to spend a week aboard the International Space Station (ISS).
Those who are more frugal can spend $500,000 to travel to the edge of space or $250,000 to explore the planet’s waters.
The Booming Industry of Billionaires Space and Ocean Tourism
Some of the most well-known entrepreneurs, such Jeff Bezos, Richard Branson, and Elon Musk, have pioneered the development of numerous new sectors catered to billionaire visitors in recent decades.
During a Cabinet meeting in 2018, Donald Trump remarked on private investment in space, “Rich guys, they love rocket ships.” “That’s great. That’s preferable to us having to pay for them.”
The “men” also enjoy submarines. Virgin Oceanic was established in 2014 by Richard Branson, who also founded Virgin Galactic to transport private individuals into space.
British billionaire Hamish Harding had already visited the Mariana Trench and been to space with Blue Origin.
He was on board the submarine that went missing this past weekend while on a tour of the Titanic shipwreck.
Virgin Galactic and Blue Origin were founded by Bezos and Branson, respectively.
With its New Shepard capsule, Bezos’ Blue Origin has transported paying passengers to the farthest reaches of space, where they experienced weightlessness for a short while before returning.
Read more: Colorado Supreme Court Invalidates Law Allowing Child Sex Abuse Lawsuits From Past Decades
Beyond Blue Origin and Virgin Galactic
Blue Origin does not know the price of those tickets, although Virgin Galactic, a close competitor, is presently selling seats for $450,000.Yet, other, lesser-known companies have been around for a while and have sent billionaires to the ISS as well as into space.
By spending an estimated $20 million for a seven-day trip to the International Space Station in 2001, American investment manager Dennis Tito is credited for founding space tourism.
The operation was the result of an agreement between the Russian organization MirCorp and the American business Space Adventures Ltd. Its goal was to raise money to maintain the aging station.
Read more: Interest Rates Decrease For Student Loan Refinancing