Inside the Billionaire Space Tourist Boom: History, Players, Prices, and the Future of Commercial Spaceflight
April 2001: Dennis Tito became the world’s first space tourist by paying about $20 million for a seat on a Russian Soyuz and spending seven days aboard the ISS. In 2004, Mojave Aerospace Ventures won the Ansari X Prize by launching SpaceShipOne, the first privately built crewed spacecraft, on back-to-back suborbital flights. The Commercial Space Launch Amendments Act of 2004 established an FAA licensing framework for private space launches and created a learning period with a moratorium on new safety regulations until 2012 (extended to 2025). Virgin Galactic’s SpaceShipTwo suffered a fatal crash in 2014 during a test flight. July