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A group of entrepreneurs has launched a privately funded spaceship and has created the beginnings of the space tourism industry The Ansari X Prize Foundation

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A group of entrepreneurs has launched a privately funded spaceship and has created the beginnings of the space tourism industry The Ansari X Prize Foundation announced that it would award $10 million to the first private company that would fly a manned rocket into space and return safely. Many entrepreneurs competed for the prize but one called Space Ship One succeeded first. It was designed by Burt Rutan, owner of a company that sells build-it-yourself airplanes and was funded by Paul Allen, co-founder of Microsoft. The long-term goal of the X Prize is to create an affordable space tourism industry where trips to other planets become common for all people. QUESTIONS 1. If the space tourism becomes a successful industry by the year 2050, what would be the possible trends to foresee in the industry

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