About a week after his company made their historic launch, Elon Musk said today that private companies will be a major player in space. The Entrepreneur has invested $100 million and six years into SpaceX and is not a bit worried about the risks. They plan to help NASA deliver cargo to the International Space Station by 2010.
This will be a significant change to how private companies work with NASA. Usually they are under contract to build parts for the space agency, with NASA keeping the hardware at the end.
NASA administrator Michael Griffin is very happy for Musk though, saying that the private sector needs to get involved in space. NASA, however, does not plan to fund SpaceX, since they have to focus on creating their own spacecraft.
No matter the outcome, Elon Musk will join the rank of Richard Branson, owner of the Virgin Galactic space tourist project, and Robert Bigelow, who wants to create a Private space hotel, as pioneering entrepreneurs in space.
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