Analysis

Virgin Galactic’s Rocket Launch Would Be Impossible Without Capitalism

Ben Zeisloft
Virgin Galactic’s Rocket Launch Would Be Impossible Without Capitalism
Drew Angerer/Getty Images

This weekend, Virgin Galactic — a firm started by British entrepreneur Richard Branson — will send its first full-crew flight into space. Branson will be closely followed by Amazon founder Jeff Bezos, who is joining the first crewed flight of Blue Origin’s New Shepard on July 20 — the anniversary of the Apollo 11 moon landing in 1969.

The two breakthroughs represent the latest of many recent milestones for space companies. Last summer, SpaceX — a firm launched by Tesla CEO Elon Musk — became the first private venture to send American astronauts to the International Space Station.

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