“Privatizing” Space
Companies Shoot for the Stars, but Uncle Sam Still Pays the Bills
Later this week, a Falcon 9 rocket built by SpaceX, a young company founded by Elon Musk, is scheduled to launch from Cape Canaveral in Florida. The rocket will carry a Dragon capsule, also built by SpaceX, to the International Space Station. This is being hailed as a conspicuously important achievement because SpaceX, which Musk founded in 2002 with money from his share of PayPal, is a private company. The temptation to celebrate the privatization of space exploration–the unleashing of all those entrepreneurial billionaires to take us where we haven’t …