NASA: Billionaire Businessmen Vying for Launch Pad
0 0 0
Share
Article

NASA: Billionaire Businessmen Vying for Launch Pad

NASA: Billionaire Businessmen Vying for Launch Pad
Internet pionners Jeff Bezos is tackling Elon Musk head-on for power over the space launch pad. Located at the Kennedy Space Center, the launch pad is causing tempers to flare and keeping lawyers busy as Musk and Bezos vie over it. Musk’s Space Exploration Technologies, otherwise known as SpaceX, is taking on Bezo’s Blue Origin. Chief executive of Amazon.com, Bezos is the higher-paid billionaire of the two. Rated number 17 on the Bloomberg Billionaires Index, Bezos has a net worth of $29.4 billion. As for Musk, he is rated number 135 and only enjoys $8.8 billion net worth. The entire issue began after NASA opened discussions to operate the launch pad, the departure site for the well-covered Apollo missions to the moon. According to budget documents, NASA is planning on spending roughly $8.7 billion on transporation crews and cargo over the following five years. “There are a limited number of East Coast established launch sites,” said Chris Quilty, analyst with Raymond James and Associates based in St. Petersburg, Fla. “Given the fact that both companies intend to ramp up their launch volume, they need to secure enough launch pads to handle that volume.” Musk has outdone Bezos when it comes to campaign contributions, having forked out $242, 200 in donations since January 1, 2009. By comparison, Bezos handed over $24, 800. Seven members of Congress openly challenged the notion that the launch pad be domineered over by one single entity. In the form of letters, the congressmen told NASA Administrator Charles Bolden that they wanted other bodies to be involved. What names does the list include? Republican Representative Frank Wolf of Virginia and Senator Patty Murray. “It seems premature to restrict use of this unique asset to one entity, given that the commercial launch market is still in development,” wrote Wolf and Republican Robert Aderholt, R-Ala., who serves on the same appropriations subcommittee.
Share With The World
0 0 0

Facebook Conversation