No business like space business

I was trying to decide if this is no big deal or a really big deal. I’m leaning towards the latter. A private, for-profit (someday) business launched a rocket that truly went into space and achieved orbit. That is a first for a private company.

The company was founded by one of the co-founders of PayPal. This isn’t a touchy feely, “we need to explore space” idea. They want to make space transportation cheaper and more reliable. They want to make money sending satellites up.

The thought that going into space could be a good business model is pretty fascinating.

Here’s the Wired article. And here’s the company’s web site.