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Space is outgrowing its billionaires

“The space industry is outgrowing the billionaires who made it famous. Why it matters: Billionaires Elon Musk, Jeff Bezos and Richard Branson helped put the space industry on the map, but today, a significant amount of growth seen in the industry is propelled by smaller companies. The narrative that the space industry is a place for the ultra-rich to throw some money around for fun is now being supplanted by the idea that space is a place for a variety of investors and companies to strike it rich. “The industry has really evolved quite a bit,” Eric Stallmer of Voyager Space Holdings …

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Richard Branson plans new SPAC to take Virgin Orbit public

“Billionaire Richard Branson is looking for a special-purpose acquisition company (SPAC) to merge with his space company Virgin Orbit, people familiar with the matter told The Wall Street Journal (WSJ). Virgin Orbit is aiming for a valuation of up to $3 billion. Bankers, including Credit Suisse Group AG and LionTree LLC, have been hired to look for a SPAC to take Branson’s Virgin Orbit public, the person told WSJ on condition of anonymity because the discussions are private. It is valued in the range of $2.5 billion to over $3 billion. Talks are expected to begin in the coming weeks, and there are plans …

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World’s first space hotel scheduled to open in 2027

You do not want to miss the images of this amazing hotel with a futuristic design. Trust me! https://edition.cnn.com/travel/article/voyager-station-space-hotel-scn/index.html “(CNN) — If you’re daydreaming of future travels while stuck at home during the pandemic, why fantasize about the beaches of Bali or the canals of Venice when vacationing in space could be in your future? Back in 2019, the Californian company the Gateway Foundation released plans for a cruise ship-style hotel that could one day float above the Earth’s atmosphere. Then called the Von Braun Station, this futuristic concept — comprised of 24 modules connected by elevator shafts that make up …

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SPECIAL ANNOUNCEMENT

Today we will be posting ads about books launched by The Moon Society and also our current online training programs. From today we will be actively marketing on all our social media channels so stay tuned. Please check our updates on LinkedIn, the first page of our website, and the Media page. January is a month full of speaking engagements, training programs that we offer, and meetings with our new strategic partners and collaborators. Among them are Universities, innovation companies, and Astronauts. After an amazing meeting we had with a new contact, we are happy to say that we will …

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