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Third Space Tourist is Set

Sgt York writes "Space Adventures announced yesterday that Gregory Olsen will be their next private space tourism client. He paid $20M to hop on a Soyuz, sometime by 2005, and go spend some time on the ISS. The cool thing is, he's not just playing tourist. He's the CEO of Sensors Unlimited, has a MS in physics, and a PhD in materials science. He's planning on using the trip to 'help inspire today's youth to dream big' and conduct a few experiments, including testing out some of his company's equipment. SA is billing him as his own 'private space program.'" There's also a space.com story.

62 of 170 comments (clear)

  1. Well, at least he's not... by jdray · · Score: 4, Funny

    At least he's not part of a boy band.

    --
    The Spoon
    Updated 6/28/2011
    1. Re:Well, at least he's not... by mike_mgo · · Score: 3, Insightful
      Oh, I thought sending a 77 year old into space was the biggest marketing gimmick for space.

      What was the reason for using my money to send him into space again-to study the effects of weightlessness and the elderly? That seems like a useful study at this point in our space program.

      Really, what's the difference between sending up a wannabe musician or a rich CEO (who would both pay for their trip) or sending up an elderly former astronaut/senator (at tax payers expense). Sending Glenn back into space was just as much a marketing gimmick for NASA as anything anyone else has done.

    2. Re:Well, at least he's not... by Short+Circuit · · Score: 2, Insightful

      Sure, it had marketing benefits. It also had scientific benefits, and not just those of studying the effects of weightlessness on the elderly.

      The more attention NASA can get, the more funding it's likely to retain. These days, anything that doesn't help put a polititian(and not just John Glenn) in positive light isn't safe from being axed in favor of pork barrel spending.

      And personally, I'm in favor of NASA retaining its funding.

    3. Re:Well, at least he's not... by Golias · · Score: 2, Insightful
      The more attention NASA can get, the more funding it's likely to retain.

      How about take $20 Million endowments from rich people who want to tag along for the ride, and spare ourselves the humiliation of putting on dog-and-pony shows to keep up interest for the sake of public funding? Get enough clients like this, and NASA could actually operate in the black with no taxpayer funding at all!

      Government spending on space exploration was one thing, when Sputnik was beeping along overhead and scaring the bejeezus out of Americans, but now that the space program is no longer part of an arms race, it's much more difficult to justify the expense to taxpayers, especially in tough times like the recession we just went through. Instead of putting Ohio Senators in space, let's collect cash from as many of Sam Walton's heirs as we can in exchange for letting them ride the roman candle for a few days each... and let's do it before we completely run out of current-generation space shuttles.

      --

      Information wants to be anthropomorphized.

    4. Re:Well, at least he's not... by ericspinder · · Score: 2, Interesting
      What was the reason for using my money to send him into space again-to study the effects of weightlessness and the elderly? That seems like a useful study at this point in our space program.
      Shoving John Glenn into orbit wasn't the only reason for that flight. They did a lot of studies on microgravity, you can see it in the press kit for that mission. You can bitch and moan about it, but it wasn't a bad mission. It worked on many levels, good science, good press, and a second flight for NASA's first man in Space. As for sending up the rich, well, more power to them. If I had $200 million, I'd buy a ticket for 10% of it. Hell, there are apartments which cost more than that.
      --
      The grass is only greener, if you don't take care of your own lawn.
  2. Tax Deduction by mgs1000 · · Score: 5, Insightful
    conduct a few experiments, including testing out some of his company's equipment

    In other words, it'll be a tax deduction because it's a "business expense".

    1. Re:Tax Deduction by WormholeFiend · · Score: 5, Funny

      And I bet he'll frame that page of his income tax return!

      I'd love to see the look on the face of the IRS clerk when s/he looks at that line.

    2. Re:Tax Deduction by PIPBoy3000 · · Score: 4, Informative
      I'm sure you're right. Here's a recent blurb about them in the news. It looks like they do a fair bit of business with the Air Force, so NASA's practically sending one of their own.
      Sensors Unlimited, Inc. (Princeton, NJ), provider of short wave IR imaging products based on indium gallium arsenide (InGaAs) technology, has received a follow-on, Phase 1b contract from the U.S. Air Force, for a twelve month, $2 million program to develop the industry's first high frame rate camera for combined imaging and ranging, using an in-pixel digitized, monolithic PIN/APD focal plane array. The Department of Defense Missile Defense Agency is providing the funding under a contract managed by the Air Force. Sensors Unlimited was the only vendor to address both imaging and ranging within a single focal plane array and camera. The company says that it will "significantly advance the state-of-the-art in infrared imaging."
    3. Re:Tax Deduction by re-Verse · · Score: 2, Insightful

      I'd love to see the look on the face of the IRS clerk when s/he looks at that line.

      By my guess is that it will be competely bank. From my dealings with tax people, I've decided they aren't human... or at least humans capable of emotion.

  3. Is this news? by FortKnox · · Score: 2, Insightful

    Hate to sound like a troll, but is this news? He's the third guy. The first was newsworthy, the second really wasn't, and this even less. The only noteworthy thing is the guy went from rags to riches, and now into space. He'll train, get on a rocket, go to the space station, stay the hell out of the way, return, write a book, make money on said book. The End.

    --
    Good quote, too many chars. Seriously, the slashdot 120 char limit sucks!
    1. Re:Is this news? by insanecarbonbasedlif · · Score: 5, Interesting

      The more the merrier though. In a theoretical capital market, if there are enough buyers, the producers will make more, enabling more people to buy, and maximizing profit. It's newsworthy in that it's another step closer to non-government sponsored space flight. Personal space travel will come eventually, but maybe market forces can accelerate the process.

      --
      Just because I doubt myself does not mean I find your position compelling.
    2. Re:Is this news? by Urkki · · Score: 5, Funny

      Oh come on. It could also happen so that he'll train, get on a rocket, and get blown into fine red mist... Without this article, it wouldn't be possible to link back to this on the article telling about the accident. It may seem pointless now, but so do most precautionary things...

    3. Re:Is this news? by Blue+Master · · Score: 3, Funny


      1: Start from rags
      2: ???
      3: Go to riches
      4: Go to space
      5: Write book
      6: Profit!

    4. Re:Is this news? by nate1138 · · Score: 5, Insightful

      It is also noteworth because he will be the first to carry his own significant research up with him. He's not going to just "stay the hell out of the way". This guy isn't some boy-band wannabe. He's a real scientist with real experiments he want to carry out.

      --
      Where's my lobbyist? Right here.
    5. Re:Is this news? by Otter · · Score: 4, Funny
      Without this article, it wouldn't be possible to link back to this on the article telling about the accident. It may seem pointless now, but so do most precautionary things...

      Once again, the journalistic thoroughness of the editors shines through. The question is whether they'll link to this story or the dupe Taco will post tomorrow.

    6. Re:Is this news? by schwaang · · Score: 2, Funny

      Not really, but it provides a way for news.google.com to pay Slashdot back for the three google-related articles on Slashdot yesterday.

    7. Re:Is this news? by bwy · · Score: 5, Insightful

      The third time we went to the moon was boring too, eh? Seems like today once something has been done once it isn't worth paying attention to after. For some reason people watched how many years of Friends episodes though? 30 minutes of peoples lives, gone, every week for years.

      I, for one, live north of the Cape and watch every shuttle launch I possibly can. Most people don't any more. I guess it depends on your interests.

    8. Re:Is this news? by Short+Circuit · · Score: 2, Insightful

      Probably the biggest reason it's newsworthy is that the number of people who've done this is still in the single digits, and it has to do with science/technology.

      Now, maybe it shouldn't have been on the front page...

    9. Re:Is this news? by GTRacer · · Score: 3, Insightful
      I was going to upmod you post, but I think I should reply instead. I agree COMPLETELY that space travel and the expansion of same should be newsworthy. But there's a difference between "Third Space Tourist" and the countdown to the final Friends ep:

      Interest in space travel (or in most scientific discovery) is dependent on the initial "Wow" factor or in thinking about how some advance is superior.

      That "wow" is generally finite, like a first impression. It may have been great a first, but the 30th time you meet $CELEBRITY, the reaction is different if it's not a personal contact. I've met many girls that were very attractive, exciting, etc., but since all but one are friends or acquaintances now, that "wow" isn't there any more. With my wife, there's much more to our relationship than the swoony feelings of a first date or kiss.

      Humor however, is not so dependent on this "wow". A given joke, yes, but consistently well-written funny is much longer-lasting. Ditto for other brain-candy entertainments.

      GTRacer
      - Would go up in a heartbeat!

      --
      Defending IP by destroying access to it? That makes sense, RIAA/MPAA. Go to the corner until you can play nice!
  4. risky by Chuck+Bucket · · Score: 2, Interesting

    I think it's still too risky. think about it, someone going up that's not an astro flowing around accidentally kicking some switch on a panel breaking something. I know it's prob not *that* unsecure, but still, the point is the ISS is supposed to be this great nation-free project, but the Russian's are trying to milk it for some rubles by gambling that this "tourist" won't break anything.

    call me pariod it you wish, but the stakes are too high for this.

    CVb

    1. Re:risky by Mistlefoot · · Score: 4, Insightful

      This guys a scientist. Pretty good chance he's not going to be going around hitting switches or being any more careless than any astronaut.

      This guys also running his own successful business.

      Consider that every $20 million injection into space flight will help insure that there will be a 'next' space flight.

    2. Re:risky by MalaclypseTheYounger · · Score: 3, Insightful

      Simply put, Russia cannot afford to keep sending Soyuz up there time after time again. They don't have the riches the US apparently does. So they fund their flights anyway they can.

      Looking at the alternatives (neglecting ISS and letting it fall apart because we won't go up there with our crappy Space Shuttle anymore) I certainly have no problem with some jet-set millionaire travelling up there.

      Plus, I think 6 months of training will make sure they don't accidentally kick any switches marked "Self Destruct".

      --
      Check out the best P2P sharing website: MEDIACHEST.COM
    3. Re:risky by ttsalo · · Score: 2, Interesting
      Simply put, Russia cannot afford to keep sending Soyuz up there time after time again.

      I don't think that's a problem now that the shuttle is grounded and they have the only vehicle in the world capable of flying to ISS at all.

      And by the way, some have claimed that the whole ISS is just a way of keeping the russian rocket scientists working on peaceful projects in Russia, not on ICBMs in "rogue nations"...

      --

      --
      If the road to hell is paved with good intentions, where does the road paved with evil intentions lead to?
  5. pfff... by Anonymous Coward · · Score: 3, Funny


    Another "rock and roll" CEO. It's bad enough we have Richard Branson ballooning about as if he's a 20 year old.

    1. Re:pfff... by stratjakt · · Score: 2, Funny

      Man, when I was 20 I used to balloon my ASS off!

      --
      I don't need no instructions to know how to rock!!!!
  6. Smart guy... by artemis67 · · Score: 4, Funny

    He's planning on using the trip to 'help inspire today's youth to dream big' and conduct a few experiments, including testing out some of his company's equipment.

    Business trip, be sure to keep the receipts. Oh, and he'll be entertaining a client for dinner when he gets to the space station, so his meal will be a write-off, too.

    Hmmm... how many cents per mile is it for a space commute?

  7. This is the best chat-up line ever! by heironymouscoward · · Score: 5, Funny

    Guy: hey, baby, what's up?

    Hot chick: get lost, loser, unless you got something interesting to say!

    Guy: I'm going into space next month, gonna cost me $20 mil. I might not come back alive. Look, here's the clipping from the New York Times with my photo. So, want to come for a ride in my Porsche? I got a little time left and a lot of money to burn... ....

    I reckon it'd be worth 2-3 months of one-nighters with exceedingly pretty but easily charmed women. In purely genetic terms, that $20m could be a pretty good investment.

    --
    Ceci n'est pas une signature
    1. Re:This is the best chat-up line ever! by tjmsquared · · Score: 2, Interesting

      I think a guy with $20 million to spend (waste?) on a venture like this would have little trouble picking up "exceedingly pretty but easily charmed women" whether he is going into space or not.

  8. One thing he should remember to pack: by Anonymous Coward · · Score: 2, Funny

    Well, this /. story makes it painfully obvious that you should always carry extra in case your luggage gets lost.

  9. Sure it's a big adventure.. by ackthpt · · Score: 4, Interesting
    What could be more exciting than to go to the ISS, which has as many faults as the average Disney Theme Park. Space exploration really is becoming a farce. Too bad private industry can't seem to come up with the loot necessary to run a full-scale space program itself.

    Rockets by SpaceX and others are all well and good, but not even Bill Gates has the cash to fully fund a competent space program. Assume private enterprise could and did, would it be any better than what's happening these days?

    "Did you remember to close the door?" "Didn't need to, it fell off and drifted away."

    --

    A feeling of having made the same mistake before: Deja Foobar
  10. Third Tourist Background Story by bcolflesh · · Score: 3, Informative

    He sounds like an interesting guy - not your typical privileged millionaire.

  11. That's just sad. by mcmonkey · · Score: 5, Funny

    If the $20 mil isn't getting him any action, I doubt the expensive vacation is going to help.

    Guy: My penis has been in outer space. Wanna touch it?

    Hot chick (while spraying mace): Eww! I thought this place had a lot of rich guys.

  12. Profit? by somethinghollow · · Score: 3, Funny

    I wonder how much it ACTUALLY costs to send one person into space? From what I understand, the tourists are just tag alongs. In other words, the ship is going anyway. How much extra can that one person cost? $20 Mil for another 150-250 lbs? Chipping in for gas has never been this expensive. Or maybe the people that make up the prices for movie theatre food make up the prices for in flight meals on a space ship.

    1. Re:Profit? by captain_craptacular · · Score: 3, Insightful

      First of all, there is no such thing as extra space in a space launch. Every ounce of payload is examined and scrutinized in order to determine if it's worth the cost of launching it.
      Furthermore, we're talking about going to space here , not Fresno. I bet his support equipment alone weighs more than "150-250 lbs". He has to bring every single item he'll need to survive for a week. The water alone is probably more than 50 lbs, then there's food, oxygen, extra underwear, etc....

      --
      They who would give up an essential liberty for temporary security, deserve neither liberty nor security
    2. Re:Profit? by TheCrazyFinn · · Score: 2, Informative

      $10,000/lb or more for the shuttle, Soyuz is about half that, that's launch costs, not retail.

      The pity is that DC-X was looking to be sub-$1000/lb, possibly as low as $100/lb, which is around airline pricing.

      Then NASA cancelled it.

      --
      "You've got an invalid haircut" -Warren Zevon - Life'll Kill Ya
    3. Re:Profit? by WolfWithoutAClause · · Score: 5, Interesting
      The Soyuz costs about $15-25 million to launch. Of course they charge a lot more than that- 60 million for the whole rocket IRC.

      So the tourists are paying most of the unit costs of the rocket- and the Russians get to send along 2 more astronauts (cosmonauts) as well.

      Yes, the Soyuz rocket really is that cost effective (the Russians use this amazingly hi-tech special technology called a 'production line' and the rocket is designed from the ground-up to be cheap/rugged- unlike in the West where it is designed to be 'high performance'.) It's a very different mindset.

      I remember one of the American astronauts was asking one of the technicians wearing an ordinary white coat, standing next to the rocket he was about to launch on about whether the nozzles can swivel. "Oh yes up to 30 degrees! Watch"- *wrench* (bonk- hit's the stops), *wrench* (bonk- hit the other stops). Astronaut starts sweating. (Apparently in the west they tend to go with a clean-room attitude to their rockets and treat everything gently like it is made of glass- the Russians are more pragmatic about something about to see the brutality of a launch environment.)

      And of course, on the day it worked perfectly.

      --

      -WolfWithoutAClause

      "Gravity is only a theory, not a fact!"
    4. Re:Profit? by Thud457 · · Score: 2, Interesting

      More like the comparison of a Ferrari to a Ford F-150. Which do you think hauls more for cheaper?

      --

      the preceding comment is my own and in no way reflects the opinion of the Joint Chiefs of Staff

    5. Re:Profit? by igny · · Score: 3, Funny
      I read a story about how they played a joke on Americans. There was this hangar, full of old rockets, used booster stages, and such... Everything was going to be scrapped. There were a few technicians, drinking vodka, when they heard some people coming... (It appeared to be some visitors from West, accompanied by some russian guides.) Technicians immediately started 'working' using tools like sledgehammers, hitting and cutting some rocket.

      Some visitor asked (noticing vodka bottles), wtf are those guys doing to this expensive equipment? A guide seriously said that these workers prepare the rocket for launch.

      I am not sure if the tourists bought the explanation.

      --
      In theory there is no difference between theory and practice. In practice there is. - Yogi Berra
  13. An Interesting Flight by ChuckDivine · · Score: 4, Insightful

    This looks very interesting. He's the head of a real company that's still fairly small. Small companies, being much less bureaucratic, are friendlier environments for creative work and pioneering investigations.

    Olsen looks like a remarkably intelligent man with a good background in the kinds of science he will be exploring up on ISS. He's also led the development of products that the real world wants and needs.

    The space business needs more Olsens. Today there are entirely too many bureaucrats with no vision and no ability to connect with the larger world.

    --
    "Beer is proof God loves us and wants us to be happy." -- B. Franklin
    1. Re:An Interesting Flight by Thanatopsis · · Score: 3, Informative

      He also made a ton of money selling his previous company (he cashed out to the tune of several hundred million). So his current company is small because he is in start up mode again.

  14. Will they be kicking themselves later? by asdfasdfasdfasdf · · Score: 3, Insightful

    I'm a Tivo fanatic, and I've got a Hidef "ready" TV, so, in my blood, I'm itching to get the new HiDef DirecTV Tivo when it comes out in the next few weeks. Trouble is, it's MSRP is going to be $999. It's just too rich for my blood. Under $500, I could manage, but $999 is just crazy. I expect this price to fall like a rock-- perhaps faster than any other Tivo unit has so far. DirecTV is getting ready to go on a major HD push, even launching a new satellite. This device has got to be part of it.

    I wonder if "Space Tourists" will look back to when the going price was $20 million and shudder. I hope so. I hope that visiting space will be an attainable expense within my lifetime.

    Surely, the first few are so rich that it doesn't really matter, and the "honor" of being one of the first will be worth the price.. but it's numbers 10-100 that I wonder about. Is it really going to seem worth that price, after the fact?

  15. Newsworthy by Thanatopsis · · Score: 5, Interesting

    This is a newsworthy story as the this guy is going to be one of the first to use ISS to test crystal growth (which should have a clear advantage in a ISS's microgravity setting), his company's infrared cameras. It really is a business expense for him. As opposed to the first space tourists which were just that tourists. He's testing ISS as the prototype for a space based manufacturing facility.

  16. Jealously or reality by Anonymous Coward · · Score: 5, Insightful

    I read a great article after the first guy went into space where the writer summed up the "sour grapes" reaction from so many who were disturbed that a rich guy could buy a trip to space - it was jealously.

    People were envious that one person could actually buy his way into space. Surely, space should be left to scientists, intellectuals, dreamers, etc. rather than a memeber of the "wealthy elite".

    The reality is when ship,car,train and airplane travel debuted, the passenger list comprised government-sanctioned types or the very wealthy.

    After a time, all forms of travel become accessible to more people from other walks of life and eventually become commonplace.

    I say good for this guy. May space become even more accessible to those willing to buy a ticket.

  17. So ... the whole thing is tax deductible... by popo · · Score: 2, Funny

    The headline shouln't be that he's the "third space tourist", it should be that he's "the first space tourist to travel tax-free".

    --
    ------ The best brain training is now totally free : )
  18. Nietzsche on loftiness by agslashdot · · Score: 4, Insightful
    Ken Thompson, one of the inventors of Unix, forked out $12,000 to fly on a Mig29

    Oracle playboy Larry Ellison is "multi-talented, not only is he an acute business but he is also a jet pilot, marketing genius, sports enthusiast and world champion yacht racer"

    Nietzsche once said people who aspire to lofty ideas ( like "help inspire today's youth to dream big" ) often have very simple, direct, greedy drives that propel them. A scientist might say he's out to prove the hardest theorem, but perhaps all he wants is fame ( eg. Dr. Watson says in his book on decoding DNA that he simply wanted to beat the competitors & become famous ). A philosopher might set out to "find the truth", but perhaps all he wants is tenure at some ivy league institution. Looks to me like Dr. Gregory Olsen simply wants good PR for his firm with this stunt...claiming to inspire American youth seems outlandish.

    1. Re:Nietzsche on loftiness by Deraj+DeZine · · Score: 2, Informative

      RTFA:

      "He built a building down at the University of Virginia. He didn't put his name on it. He put his teacher's name on it. There's another addition to the library in Ridgefield Park. He put his mother's name on it. You'll never see [a building] with his name on it," Capalbo said. "People all over the place are saying, 'Who is this Greg Olsen guy?' I can tell you. I know who he is and it's been one of the delights of my life to know him."

      This guy sounds legit. More evidence in the full article, of course =)

      --
      True story.
  19. Kick in the teeth. by SomeOtherGuy · · Score: 4, Insightful

    Pretty sad when the Russian folks are able to send average Joe for a joy ride in space with a return journey...and we (here in the US) don't even have the ability to launch and return the pro's with the whole state of NASA these days. And we are looking to go back to the moon and Mars??

    --
    (+1 Funny) only if I laugh out loud.
  20. US Reaction more laid back... by larsoncc · · Score: 4, Interesting

    Did you notice that this time, the US reaction is more laid back? Perhaps the US will begin to take up tourists of their own (eventually).

    Frankly, it surprises me that the Russians are the first to realize the profit potential.

    So, here's a question... If the US and Russia started to compete for space travellers (and you had the money), which agency would you trust? Why?

    It seems one is gathering experience catering their programs to the rich folks, yet the other would have some "whiz bang" technology. Tough call, really.

    1. Re:US Reaction more laid back... by metlin · · Score: 3, Interesting

      I think I would go with Russia. If I'm not mistaken, they have a better record for safety than the US (I could be wrong).

      But more than anything, their equipments and technologies have often proved to be far more resilient and robust than the American counterparts.

      American would be more cooler and comfortable, am sure. But the Russian one would be robust and interesting ;-)

    2. Re:US Reaction more laid back... by clearmake · · Score: 3, Informative

      You gotta go with the Russians on this - they havn't lost anyone in space for awhile. I think it's like 14 to 0 in last 20 years.

    3. Re:US Reaction more laid back... by WolfWithoutAClause · · Score: 3, Interesting
      The records show that Soyuz is as safe as the Shuttle- about a 1.7% fatality rate per launched person. In fact, the latest manned version of the Soyuz has had NO fatalities whatsoever- they've had some injuries though. Even if you include the whole of the Soyuz program, then less astronauts have died per launched astronaut; but there's nothing much in it (it's not statistically significantly better than the Shuttle.)

      Ironically though, Soyuz has had more missions that failed (the early Soyuz's were known to be a bit iffy so they launched less astronauts on them; they've hopefully got the bugs out now- and so they launch an extra person.) One mission had a launch pad fire that meant that the cosmonauts had to use an escape system- note that the Shuttle doesn't have an escape system.

      So bizarrely, Soyuz is about as safe (or safer), but less reliable.

      --

      -WolfWithoutAClause

      "Gravity is only a theory, not a fact!"
  21. I was wondering why I got rejected by Walkiry · · Score: 3, Insightful

    Obviously someone beat me to the punch (the submit button punching that is). Anyway, I wonder if this could be an acceptable new trend, to ship scientists up that are not professional astronauts to conduct research (since, sadly, no one person, not even an astronaut, can be a top-noch scientinst in everything). As a non-astronaut scientist, my head is saying "hell yes!".

    --
    ---- Take the Space Quiz!
  22. Let's send Linus!!! by Marble68 · · Score: 3, Funny

    Let's all pitch in and send Linus.

    Suggested experiments:

    Installation of XP on one box, and Linux on another. Which OS os "lighter"?

    Evaluation of the safety ramifications of space travel while carrying either a stuffed penguin or a window made of stained glass. Does a towel help?

    Installation of dual OS's on all mission critical ISS servers.

    Upgrade of Hubble OS to Linux so it'll run on just one Gyro!

    Human sciences experiment where the subject must debug an OS kernel in weightlessness while under the influence of various hallucinogenics.

    If we can afford it, send strippers, a pole, and a DJ to study and facilitate the development of weightless lap dances.

    --
    /me sips his coffee and ponders a new sig...
  23. Thirdspace? by IPFreely · · Score: 3, Funny

    Am I the only one who saw that and thought Thirdspace. It sounds a little dangerous to me.

    --
    There is nothing so silly as other peoples traditions, and nothing so sacred as our own.
  24. Thats great by thebra · · Score: 3, Funny

    but where is my flying car!

  25. let's see... by MORTAR_COMBAT! · · Score: 2, Insightful

    He wants to inspire kids to become astronauts. How nice.

    With his $20 Million USD, he could fund approximately 20,000 $1000 one-time scholarships.

    Let's say he uses the $20 Million USD to establish a trust, which uses earnings on the principal to fund science scholarship programs. Let's say this trust only earns 5% annually. That would be $1 Million USD annually, which could fund 1,000 $1,000 science scholarships annually.

    --
    MORTAR COMBAT!
  26. Re:Space Tourism by TigerNut · · Score: 2, Interesting
    Getting in the news equals free airtime, which equals funding dollars from the government. The profit angle is bunk, because it would take several thousand tourists to recoup the billions of dollars pumped into the space program as a whole.

    At $20million a pop, the current crop (is three a crop?) of space tourists would have made a much bigger impact on the space industry by putting their money into John Carmack's, Rutan's, or one of the other X-prize ventures.

    --

    Less is more.

  27. astronomical hotel rates by Doc+Ruby · · Score: 2, Funny

    How much is he paying me in ISS room rates, for my share of the project as a US taxpayer? We'd better at least stick it to him on the room service - I hope he's a big tipper.

    --

    --
    make install -not war

  28. $40 mil for zero-gee p0rn? by peter303 · · Score: 3, Funny

    Then a couple could publicly answer to what has long been rumored to have been secretly tested: what is a zero-gee sex like? What is a zero-gee orgasm like? Can you "do it" without pushing each other apart? Does cumming have a enough force to push a man backwards? Does zero-gee make it bigger? faster? more explosive? Do the hooters stop sagging and always point outwards? Does the Book of Tantra need several more chapters for zero-gee techniques?
    It boggles the mind! You could probably raise the $40 mil from curious subscribers alone.

  29. He already does all that by Walkiry · · Score: 2, Informative

    You might have missed this link, since it was in one of the comments. Quote of choice:

    He also gave $15 million to his alma mater, the University of Virginia and runs a family foundation with his daughter Krista. (For the last ten years, Olsen has also personally mentored a Trenton, N.J., student through the Big Brothers-Big Sisters program.)

    And besides, I see absolutely no reason why you have to crack on him like that about how he should be using that money in a "better way" according to you. Perhaps you don't think the way he is spending that money is the right one, but it seems like he disagrees.

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  30. Re:He's the sixth, not the third! by r00tdenied · · Score: 2, Informative

    No Tito and Shuttleworth were the first 'paying' space tourist. There is a major distinction. Congressional and Senate memebers obviously were non-paying.

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  31. Re:Wrong. by randall_burns · · Score: 2, Insightful

    The thing is: Shuttleworth wasn't selected because he was the "right" person to do those experiments-we was selected because he had the checkbook to buy that job. In this case, the pretense really does sound different-the company needed someone to go up and do some experiments-and the CEO decided he wanted to do that job himself-and is properly qualified.