X-prize Award paid
daveywest writes "According to the AP, "SpaceShipOne designer Burt Rutan accepted the Ansari X Prize money, along with a 150-pound trophy, as a chase plane flew over the ceremony in a field adjacent to the St. Louis Science Center.""
As for the $10m prize, how is it all going to be split? I assume Rutan won't get to keep all of it?
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This is great news. However, we all know that the X-Prize works based on donations. I hope that they still have money for daily operations and for future pricez. The X-CUP will require a lot more money than the X-Prize. However, I'm sure that corporations will turn the white space crafts into race cars (full with ads), which should pay for most of the expenses. The SpaceShipOne has the Virgin logo on it.
In other words, you want to see Virgin Galactic get going.
I'm a huge Rutan fan, but it's gotta be orbital or bust.
Creating a huge reverse bungee-jump looks like a hoot, but until you go orbital you are not demonstrating real economic value (over just fun).
Perhaps the industry can survive for several years on 90-minute tourist rides, but I don't know. 1-hour delivery of packages and executives anywhere in the world will change the future.