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PayPal Founder Wants To Launch Satellites

Posted by Hemos on from the go-up-up-up-going-up-up-up dept.

XNormal writes "Elon Musk, founder of Zip2 and PayPal is planning to build a launcher for small satellites. Much of his personal fortune come from the IPO of PayPal and subsequent sale to eBay. The amount of money he plans to spend on this project is not much more than Denis Tito spent on his space station visit. The difference is that this venture actually tries to do something productive. Elon is also behind the Life to Mars mission."

9 of 197 comments (clear)

  1. Shoulda known by LostCluster · · Score: 4, Funny

    It always seemed like PayPal was founded by some kind of space cadet. We shoulda seen this coming.

  2. im confused now by rainman31415 · · Score: 5, Funny

    Elon is also behind the Life to Mars mission.
    i thought janet reno sent him back to cuba or something....

    no .sig, dont smoke rainman

  3. Rocket-pal by MrLint · · Score: 5, Funny

    You too can invest in this state of the art method of sending stuff into space. But be forwarned, just because rocket-pal sends things into space they arent an actualy aero-space firm, so ifyou lose all your investment/cargo with them its not insured!

    Fly rocket-pal today!

  4. So.. by su007 · · Score: 5, Funny

    They will take your satellite, hold onto it for a few months, and ignore you if you ask about the status. When you do finally get a hold of someone, they will remind you that per the terms of the service, your satellite was %100 at risk. At that point they will inform you that they have flagged your satellite for possible abuse, and already reviewed your case and decided to keep your satellite. If you wish to contest this you will have to go into binding satellite arbitration. http://www.paypalsucks.com/news.shtml

  5. Re:Evil by Tablizer · · Score: 4, Funny


    Before: "Sorry, Your money is locked in the Limbo account."

    After: "Sorry, Your money is circling above the Earth."

    --
    Table-ized A.I.
  6. Re:I have an idea... by phorm · · Score: 5, Funny

    Yeah, but if Carmack went to the moon/mars then the place would suddenly become infested by grey demons and ugly pig things with big teeth. Subsequently, they'd be sucked into hell and have to battle their way through before returning to save earth...

  7. It's all so clear by dirkdidit · · Score: 4, Funny

    Heh, so thats where all that "lost" PayPal money went.

  8. It's not falling it's flying. by Ted_Green · · Score: 4, Funny

    Mind you falling is just a form of flying where the ground gets in your way.

  9. Re:And each time he needs more funding... by saskboy · · Score: 4, Funny

    I'm sorry, but your rocket is currently frozen in space. If you wish to unfreeze your rocket, before our rocket investigation is complete, please:
    fax
    email
    phone
    telegraph
    courier
    ai rmail
    pony express your noterized appeal to us so that we may deny it.
    Thank you for using OrbitPal a partner company with spaceAway.

    --
    Saskboy's blog is good. 9 out of 10 dentists agree.