After the X Prize
rscrawford writes "'Robert Bigelow, chief of Las Vegas-based Bigelow Aerospace, is apparently setting higher goals for private spaceflight endeavors with America's Space Prize, a $50 million race to build an orbital vehicle capable of carrying up to seven astronauts to an orbital outpost by the end of the decade,' according to Space.com. Anyone think it'll happen?"
Having something go up to the edge of space and back is relatively easy compared to going into orbit then coming back down again.
For the technically minded, here's a short article with the specifics.