Commercial space travelling; The Next Biggest Sector in the Transportation Industry by ojerinde

View this thread on steempeak.com
· @ojerinde ·
$9.06
Commercial space travelling; The Next Biggest Sector in the Transportation Industry
On July 20, 1969, Neil Armstrong was the first astronaut to go to the moon. Since then, astronauts have been visiting space more often. This major act has brought about the space industry which has in turn reproduced the space business. The space industry is valued at over $100 Billion in 2006 and has created jobs for about 370,000 people in general for both OECD countries and the space industry of Russia.


![800px-Kennedy_Space_Center_-_Rocket_Garden.jpg](https://cdn.steemitimages.com/DQmbZLA6KBKjAEEWjfZUYekoMaqJKEgm5bbNBruTQB4hEje/800px-Kennedy_Space_Center_-_Rocket_Garden.jpg)
*commons.wikimedia*

The space industry is expanding its tentacles from satellite related activities to space tourism. You do not have to be an astronaut to travel to space in the future. You might only need to book a space flight from your mobile phone. Key players in the space tourism industry like Virgin Galactic, Blue Origin, SpaceX, Boeing and Orion Span are working hard to make travelling to space something everyone can participate. The space tourism industry is said to be valued at 3 billion dollars in the year 2030.

>We are at the vanguard of a new industry determined to pioneer twenty-first century spacecraft, which will open space to everybody- and change the world for good – Sir Richard Branson

In the early 2000s the Russian space agency was the first agency was the only organization taking people to space. In 2001, Dennis Anthony Tito funded his first trip to space, making him the first space tourist. Things have changed and a lot of private firms are now going into the space tourism and travel business. 

Virgin galactic a top player in the space travel industry started trading on the New York stock exchange market, making the first publicly traded space travelling company. Virgin Galactic plans to go on a space travelling orbiting the edge of space at an altitude of 50 miles in space this year and have already began selling booking tickets of which more than 700 individuals have booked their ticket for a deposit of $250,000 each. The space jet will be carrying 6 people on a trip. Virgin galactic has also opened its first commercial space port in Mexico preparing for the future of space travelling. Blue origin is also going to be selling tickets to individuals as well this year probably at a price similar to Virgin Galactic  


![800px-White_Knight_Two_and_SpaceShipTwo_from_directly_below.jpg](https://cdn.steemitimages.com/DQmQjNphN6rc7RYkfKkU3nAbLJL8dmEngJoXtgMoKhp6Q29/800px-White_Knight_Two_and_SpaceShipTwo_from_directly_below.jpg)
*commons.wikimedia*

The days of science fictions are over and everything is happening really fast. Space key player Orion Span CEO Frank Bunger, said that they will be creating a private commercial space station in low orbit and would be offering space tourist a 12 day stay experience for a sum of $9.5 million individually. The space station is going to be designed like a space hotel. The station will be deployed in low orbit in the year 2021.

Elon musk Space X has a goal of lunching a commercial trip round the moon after which it goes to mars. The company uses a reusable rocket lunch system and the trip is planned to take place in the year 2023. Other key players in the space tourism industry who are willing to start commercial operations this year.
___
___


#### Conclusion
Currently, space travelling looks like a luxury thing only affordable by the rich. There are going to be several challenges in space trip such as fuel and resources to launch a space trip also maintenance is on a high and that will be the major reason why the prices for a trip is really high. Also, several test has to be done for the safety of passengers before the major lunch is done as rooms for errors won’t be a thing to accept. Certain side effects are associated to space travelling like loss of bone density and a slowing down of the cardiovascular system would not be the responsibility of the space company.
👍  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 56 others
👎  
properties (23)
post_id84,718,041
authorojerinde
permlinkcommercial-space-travelling-the-next-biggest-sector-in-the-transportation-industry
categoryhive-175254
json_metadata{"tags":["hive-175254","space-business","technology","steemleo","steem-leo"],"image":["https:\/\/cdn.steemitimages.com\/DQmbZLA6KBKjAEEWjfZUYekoMaqJKEgm5bbNBruTQB4hEje\/800px-Kennedy_Space_Center_-_Rocket_Garden.jpg","https:\/\/cdn.steemitimages.com\/DQmQjNphN6rc7RYkfKkU3nAbLJL8dmEngJoXtgMoKhp6Q29\/800px-White_Knight_Two_and_SpaceShipTwo_from_directly_below.jpg"],"app":"steemit\/0.2","format":"markdown"}
created2020-02-25 16:46:18
last_update2020-02-25 16:46:18
depth0
children15
net_rshares35,381,971,197,214
last_payout2020-03-03 16:46:18
cashout_time1969-12-31 23:59:59
total_payout_value4.036 SBD
curator_payout_value5.026 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length3,979
author_reputation38,213,975,622,361
root_title"Commercial space travelling; The Next Biggest Sector in the Transportation Industry"
beneficiaries
0.
accountph-fund
weight2,000
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (121)
@lanzjoseg ·
Hi @ojerinde

Excellent friend. However, with the acceleration of technology, a dream has just been born for me. Will it be that I can travel to space .. Will it be that my generation X can?

I mean people like you and like me mere mortals.

You know I have a little feeling that if possible .. What do you think-


Saludos.
properties (22)
post_id84,724,938
authorlanzjoseg
permlinkq6a1tw
categoryhive-175254
json_metadata{"users":["ojerinde"],"app":"steemit\/0.2"}
created2020-02-25 21:41:06
last_update2020-02-25 21:41:06
depth1
children1
net_rshares0
last_payout2020-03-03 21:41:06
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length324
author_reputation305,101,571,399,333
root_title"Commercial space travelling; The Next Biggest Sector in the Transportation Industry"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@ojerinde ·
Having the fact that in x generation, people are able to travel to space is beautiful but currently the service is high, maybe later in the future price could reduce as more ways to reduce cost keep showing up
properties (22)
post_id84,731,696
authorojerinde
permlinkq6alvd
categoryhive-175254
json_metadata{"app":"steemit\/0.2"}
created2020-02-26 04:59:48
last_update2020-02-26 04:59:48
depth2
children0
net_rshares0
last_payout2020-03-04 04:59:48
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length209
author_reputation38,213,975,622,361
root_title"Commercial space travelling; The Next Biggest Sector in the Transportation Industry"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@steemitboard ·
Congratulations @ojerinde! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :

<table><tr><td><img src="https://steemitimages.com/60x70/http://steemitboard.com/@ojerinde/voted.png?202002260312"></td><td>You received more than 250 upvotes. Your next target is to reach 500 upvotes.</td></tr>
</table>

<sub>_You can view [your badges on your Steem Board](https://steemitboard.com/@ojerinde) and compare to others on the [Steem Ranking](https://steemitboard.com/ranking/index.php?name=ojerinde)_</sub>
<sub>_If you no longer want to receive notifications, reply to this comment with the word_ `STOP`</sub>



###### [Vote for @Steemitboard as a witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1) to get one more award and increased upvotes!
properties (22)
post_id84,730,510
authorsteemitboard
permlinksteemitboard-notify-ojerinde-20200226t033623000z
categoryhive-175254
json_metadata{"image":["https:\/\/steemitboard.com\/img\/notify.png"]}
created2020-02-26 03:36:24
last_update2020-02-26 03:36:24
depth1
children0
net_rshares0
last_payout2020-03-04 03:36:24
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length843
author_reputation38,705,954,145,809
root_title"Commercial space travelling; The Next Biggest Sector in the Transportation Industry"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@pedrobrito2004 ·
Although the idea of tourism is attractive, it is very expensive and makes me wonder if there is enough benefit ... maybe, after all it can be marketed as an exclusive service for the elites and that would justify its prohibitive cost.

Personally, I am in favor of massification and volume gains, so this business model for the elite alone is not entirely satisfactory to me, but I understand that with current technology you cannot expect a decrease in costs in a short term.
properties (22)
post_id84,731,567
authorpedrobrito2004
permlinkq6amxw
categoryhive-175254
json_metadata{"app":"steemit\/0.2"}
created2020-02-26 04:50:51
last_update2020-02-26 04:50:51
depth1
children2
net_rshares0
last_payout2020-03-04 04:50:51
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length477
author_reputation49,990,662,111,101
root_title"Commercial space travelling; The Next Biggest Sector in the Transportation Industry"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@ojerinde ·
It is believed that travelling to space will make is see value in our world. A lot of people want to see the galaxies. In short time too humans might start developing other planets making it habitable for man. Well it might be the beginning of an alternate universe:)
properties (22)
post_id84,731,769
authorojerinde
permlinkq6am1z
categoryhive-175254
json_metadata{"app":"steemit\/0.2"}
created2020-02-26 05:03:45
last_update2020-02-26 05:03:45
depth2
children1
net_rshares0
last_payout2020-03-04 05:03:45
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length267
author_reputation38,213,975,622,361
root_title"Commercial space travelling; The Next Biggest Sector in the Transportation Industry"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@pedrobrito2004 ·
I don't know if space tourism would help the development of ecological awareness, but I would like it to. The idea of ​​traveling and colonizing other planets is not bad, but I don't think we still have the technology to make it viable today, it may develop in a few years, but I don't know anything about that future.

I think that if it is possible to travel and colonize other planets, we would have to face new territorial problems, it is like the mess that occurred with the ownership of the Moon during the time of the Space Race, they had to declare that no country or power could claim right of ownership over the territory of the Moon, but that would not be attractive to pioneers who decided to establish themselves, after all, the right to own the land where you live is something that I could not deny anyone.

In the longer term, we could consider another problem, I think that the Earth, as the main planet, would never let the colonies develop to the point of becoming independent, so we would be facing a new edition of the Era of Colonization ... What In the long run it will take us to Wars for Independence and the Right to Self-Determination of Peoples and Freedom.
properties (22)
post_id84,732,315
authorpedrobrito2004
permlinkre-ojerinde-q6ap5r
categoryhive-175254
json_metadata{"tags":["hive-175254"],"app":"steempeak\/2020.02.4"}
created2020-02-26 05:38:42
last_update2020-02-26 05:38:42
depth3
children0
net_rshares0
last_payout2020-03-04 05:38:42
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length1,185
author_reputation49,990,662,111,101
root_title"Commercial space travelling; The Next Biggest Sector in the Transportation Industry"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@gbenga ·
This is a fascinating post. I have been following blue origin and Virgin Galactic for a while now, a lot of money have been invested in the space travel and tourism business.

Currently it requires a lot of testing to get people to space since it is not a simple task. As for health effects from travelling to space, the company can be responsible for that, there would probably be an agreement to that case.

It will be wonderful if humans can start colonizing other spaces and doing business there.
properties (22)
post_id84,734,009
authorgbenga
permlinkq6as0e
categoryhive-175254
json_metadata{"app":"steemit\/0.2"}
created2020-02-26 07:12:24
last_update2020-02-26 07:12:24
depth1
children0
net_rshares0
last_payout2020-03-04 07:12:24
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length500
author_reputation263,026,799,189,538
root_title"Commercial space travelling; The Next Biggest Sector in the Transportation Industry"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@creativeblue ·
@tipu curate
properties (22)
post_id84,737,990
authorcreativeblue
permlinkq6ayq4
categoryhive-175254
json_metadata{"users":["tipu"],"app":"steemit\/0.2"}
created2020-02-26 09:37:12
last_update2020-02-26 09:37:12
depth1
children1
net_rshares0
last_payout2020-03-04 09:37:12
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length12
author_reputation10,551,964,788,902
root_title"Commercial space travelling; The Next Biggest Sector in the Transportation Industry"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@tipu ·
<a href="https://tipu.online/curator?creativeblue" target="_blank">Upvoted &#128076;</a> (Mana: 15/20 - <a href="https://steempeak.com/steem/@tipu/tipu-curate-project-update-recharging-curation-mana" target="_blank">need recharge</a>?)
properties (22)
post_id84,739,727
authortipu
permlinkre-q6ayq4-20200226t111322
categoryhive-175254
json_metadata{}
created2020-02-26 11:13:24
last_update2020-02-26 11:13:24
depth2
children0
net_rshares0
last_payout2020-03-04 11:13:24
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length235
author_reputation55,804,171,747,699
root_title"Commercial space travelling; The Next Biggest Sector in the Transportation Industry"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@project.hope ·
Solid read @ojerinde
Resteemed already . Upvote on the way :)
properties (22)
post_id84,738,000
authorproject.hope
permlinkq6ayqz
categoryhive-175254
json_metadata{"users":["ojerinde"],"app":"steemit\/0.2"}
created2020-02-26 09:37:45
last_update2020-02-26 09:37:45
depth1
children0
net_rshares0
last_payout2020-03-04 09:37:45
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length61
author_reputation27,471,912,141,256
root_title"Commercial space travelling; The Next Biggest Sector in the Transportation Industry"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars0
@apshamilton ·
$0.12
Do you have more up to date figures for value of space industry? 2006 is a long time ago!
👍  ,
properties (23)
post_id84,739,283
authorapshamilton
permlinkre-ojerinde-2020226t125338807z
categoryhive-175254
json_metadata{"tags":["hive-175254","space-business","technology","steemleo","steem-leo"],"app":"esteem\/2.2.4-mobile","format":"markdown+html","community":"hive-125125"}
created2020-02-26 10:53:39
last_update2020-02-26 10:53:39
depth1
children0
net_rshares734,184,240,232
last_payout2020-03-04 10:53:39
cashout_time1969-12-31 23:59:59
total_payout_value0.061 SBD
curator_payout_value0.062 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length90
author_reputation27,192,206,173,573
root_title"Commercial space travelling; The Next Biggest Sector in the Transportation Industry"
beneficiaries
0.
accountesteemapp
weight300
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (2)
@forykw ·
I know its not the same, but Humans have the ability to completely cross barriers.

In 2009 someone was thinking it could just fool or play with an algorithm that would generate free money. Then 100's of them followed. Then in 2010 a pizza got bought with bitcoin (10000 BTC, worth 30$ at the time). Now, it would be valued in +90 million dollars.

Today, we can use Bitcoin or any other currencies for purchasing multiple things, exchanging values cross borders without secondary authorizations or permissions, including (if you are very resourceful) still mine the same currency that started 10 years ago.

in 10 years a LOT changed... and it was not just technology or research of the same. It was people's mind, communities got created, societies shaped.

Tomorrow what we think bad, can feel good. What we think impossible can turn to be the daily life. Never think the future is impossible. Think wise, think with an open mind, able to consider new ideas and solve new paradigms.

# Be brave!
Don't be a ... you know what!
properties (22)
post_id84,740,022
authorforykw
permlinkre-ojerinde-2020227t026198z
categoryhive-175254
json_metadata{"tags":["hive-175254","space-business","technology","steemleo","steem-leo"],"app":"esteem\/2.2.3-surfer","format":"markdown+html","community":"esteem.app"}
created2020-02-26 11:26:21
last_update2020-02-26 11:26:21
depth1
children1
net_rshares0
last_payout2020-03-04 11:26:21
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length1,028
author_reputation24,990,662,983,063
root_title"Commercial space travelling; The Next Biggest Sector in the Transportation Industry"
beneficiaries
0.
accountesteemapp
weight300
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@juanmolina ·
Every effort to create technology or to be a pioneer in something must be driven by a transcendental reason.
I think that "space tourism" is a very trivial reason and is only based on commercialization.

A space trip should serve to provide humanity with great value. To give it life or to prolong life. To evolve.

Just as BTC did, it came to change the lives of people and of all humanity. Change to move forward and evolve.
properties (22)
post_id84,757,695
authorjuanmolina
permlinkq6c7f9
categoryhive-175254
json_metadata{"app":"steemit\/0.2"}
created2020-02-27 01:09:21
last_update2020-02-27 01:09:21
depth2
children0
net_rshares0
last_payout2020-03-05 01:09:21
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length426
author_reputation69,360,323,670,434
root_title"Commercial space travelling; The Next Biggest Sector in the Transportation Industry"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@mojubare ·
Wow, this feels like a fiction movie while reading but if it is real then it is beautiful.
properties (22)
post_id84,769,424
authormojubare
permlinkq6d2ow
categoryhive-175254
json_metadata{"app":"steemit\/0.2"}
created2020-02-27 12:58:24
last_update2020-02-27 12:58:24
depth1
children0
net_rshares0
last_payout2020-03-05 12:58:24
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length90
author_reputation41,262,501,730,822
root_title"Commercial space travelling; The Next Biggest Sector in the Transportation Industry"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@machnbirdsparo ·
Whatever you think is privatized space travel, my thoughts linger until corporations in space. Even wars fought between enterprises over resources that are not found on Earth are more than just science fiction.
properties (22)
post_id84,861,962
authormachnbirdsparo
permlinkq6joc5
categoryhive-175254
json_metadata{"app":"steemit\/0.2"}
created2020-03-02 02:31:18
last_update2020-03-02 02:31:18
depth1
children0
net_rshares0
last_payout2020-03-09 02:31:18
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length210
author_reputation32,029,897,993,437
root_title"Commercial space travelling; The Next Biggest Sector in the Transportation Industry"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000