In the coming era of manned space exploration by the private sector, market forces will spur development and yield new, low-cost space technologies. If the history of private aviation is any guide, private development efforts will be safer, too.

With any luck, by the time NASA's space probe hits Pluto, you'll be booking a spaceflight with a privately run suborbital airline.

A NASA-funded study estimates that if the price of a ticket to space approached $100,000, close to a million people would buy one. That's a $100 billion industry. Microsoft cofounder Paul Allen gave me $20 million in startup funding to go after that market.

Burt Rutan Quotes