MarketScale: Why Space Tourism May be a Reality Sooner Rather Than Later
“Based on the ticket prices that we’ve seen today, the pace of development that we see and the supplies that NASA projects that the revenue sizing represents a $14 billion cumulative opportunity, assuming that launches start within the next one or two years and continuing through 2028. If you’re able to scale and [prove] reliability, then you can bring prices down. More competition comes in offering different services, and you will eventually democratize. But despite anyone’s ambition to truly democratize the industry, it will take time. And in order to survive during that time, you are likely going to have to either focus on the government or a very small niche market until you can expect several organizations have been formed to promote the space tourism industry,” [explained NSR].