People traveling by plane know how troublesome some flights can be. Long distance flights can last for even 20 hours or more given both long distances and stopovers. Wouldn’t it be great if you could get from London to New York in less than half an hour or to Sydney in less than an hour? Billionaire Elon Musk claims that his SpaceX StarShip could do that by 2030. Rockets that are reaching speeds up to 27.000 km per hour, capable of carrying up to 100 people, could soon spare us a lot of time.
SpaceX could fly tourists from London to New York in less than 30 minutes
Rockets will be launched to the edge of space before flying around the planet, reaching the destination. “If you build a ship that’s capable of going to Mars, what if you take that same ship and go to another place on earth, so we looked at that, and the results are quite interesting,” Musk said.
Swiss bank UBS believes the market of rocket travel will be worth 20 billion dollars a year in less than a decade and even replace airline flights.
“Although some might view the potential to use space to service the long-haul travel market as science fiction, we think there is a large market,” Jarrod Castle and Myles Walton, analysts with UBS, said.
Besides SpaceX, Virgin Galactic and Blue Origin also plan to enter the space tourism market
USB also said that by 2030 space tourism will represent an annual market of at least 3 billion dollars. “While space tourism is still at a nascent phase, we think that as technology becomes proven, and the cost falls due to technology and competition, space tourism will become more mainstream,” Castle and Walton said.
But SpaceX isn’t the only one on the market which promises to do that. Virgin Galactic and Blue Origin plan to take the space market as soon as possible, already reaching space or completing successful test flights.
Jasmine holds a Master’s in Journalism from Ryerson University in Toronto and writes professionally in a broad variety of genres. She has worked as a senior manager in public relations and communications for major telecommunication companies, and is the former Deputy Director for Media Relations with the Modern Coalition. Jasmine writes primarily in our LGBTTQQIAAP and Science section.