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by throwaway12357
4026 days ago
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Reading this I can't help comparing it against SpaceX. SpaceX is actually 2 years older than Virgin. But SpaceX is Getting Things Done at warp speed for some years now, while Virgin Galactic keeps having multiple crashes. Despite SpaceX having a harder mission. Is it all due to the Elon Musk effect? What's the secret? |
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But then I checked Wikipedia and:
"After a claimed investment by Virgin Group of US$100 million, in 2010 the sovereign wealth fund of Abu Dhabi, Aabar Investments group, acquired a 31.8% stake in Virgin Galactic for US$280 million, receiving exclusive regional rights to launch tourism and scientific research space flights from the United Arab Emirates capital. In July 2011, Aabar invested a further US$100 million...."
On the SpaceX side, according to this page, SpaceX spent $390 million developing Falcon 1 and Falcon 9, total:
http://www.parabolicarc.com/2011/05/31/nasa-analysis-falcon-...
I don't know what the difference is. Maybe this is another example of how people should stop trying to use airplanes to get to space.