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Tuesday, June 01, 2004
The Space Review: Is space equity poised for a boom?
Many of the great booms were transportation or communication related. There was a South Seas shipping boom, a railroad boom, an automobile boom, a personal computer boom, a fiber optics boom, a cell phone boom and an Internet boom.
The Ansari X Prize and the FAA’s Office of Commercial Space Transportation (AST) have been doing a high-profile job of promoting space. Billionaires Paul Allen, Elon Musk, and Jeff Bezos—who are some excellent names from a couple of the last booms—have been investing in space.
There are not too many two-boom success stories are there out there. Levi’s Jeans may be one with its first boom in the 1800s and its second in the 1980s. IBM may be one with a mainframe boom, a PC boom and maybe a patent or grid computing boom to go. Intel may still have enough juice left to cash in on the CPU boom and the pervasive computing boom. Are Paul Allen, Jeff Bezos, Dennis Tito, and Elon Musk the kind of guys who can strike gold twice? Read More
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