Space travel price expected to fall within $30,000-$50,000 range: founder of Galactic Energy

Blue Origin’s New Shepard rocket lifts off carrying Jeff Bezos, founder of Amazon and space tourism company Blue Origin, brother Mark, Oliver Daemen and Wally Funk, from its spaceport near Van Horn, Texas, on Tuesday. The capsule returned safely a little more than 10 minutes later. Photo: VCG

With more advanced technology, it is expected that the ticket price to visit the space will fall within the range from $30,000 to $50,000, said a senior executive in China’s private space sector.

Space travel has huge potential and it is one of the major directions toward which commercial space industry should ramp up efforts, Liu Baiqi, CEO and founder of Beijing-based private rocket firm Galactic Energy, told the Global Times.

Compared with orbital travel, which ticket could come as high as $80 million per passenger, suborbital crewed flights seem more accessible for ordinary people to realize their space dream when technologies and services become mature in the future. 

Suborbital space…

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