Space Rockets, Public & Private

chinaspacemissionMonday, October 17, China launched its longest ever planned space mission with two Taikonauts (Chinese astronauts). The mission will dock at the space lab Tiangong-2 as China moves closer to having a manned space station (a space laboratory with people in it at all times).

The two Taikonauts will be corresponding regularly with China’s Xinhua news agency if you want to follow their activities. The Taikonauats will conduct medical and science experiments during their 30 days at Tiangong-2. They will also be preparing Tiangong-2 for future missions and development.

Here is a video of the successful launch!

There are tremendous business and innovation rewards to space travel as discussed previously in Why We Go To Outer Space.

spacex-explosion-index3Meanwhile, three billionaires are pursuing private space businesses: Elon Musk, Jeff Bezos and Richard Branson. Mr. Musk’s space business – SpaceX – had a rocket explode on the launchpad in September 2016. Rockets cost a lot of money and are serious business. Since the explosion, some people feel that maybe private business does not belong being in charge of space missions (and that space is better explored by government agencies).

You can watch a video of the explosion in this article.

Would you want to risk being an astronaut?

Would you want to risk owning your own space company like Elon Musk’s company SpaceX, Jeff Bezos’ company Blue Origin or Richard Branson’s company Virgin Galactic?

How much money do you think you would need to start your own space business?

These space businesses include everything from trying to make the first passenger rocket trip for travel (like an airplane, but faster) to helping to launch satellites to conducting scientific experiments for other private companies. Are these new space businesses examples of entrepreneurship?

Why We Go To Outer Space

The United States National Aeronautics SpinoffWhirledViews
and Space Administration is usually known as NASA. NASA has sent men to the moon and launched space missions by the dozens. If you have ever wondered why we go to outer space, NASA puts out an annual magazine called “Spinoff.” This magazine has a catalog of all the inventions of the past 50 years that were a result of what mankind has learned in our travels to outer space. All 50 annual magazines are now available online to browse. There is a brief introductory article on Yahoo! or you can check out all 50 editions of Spinoff here.