Space travel is the only technology that is more dangerous and more expensive now than it was in its first year. Fifty years after Yuri Gagarin, the space shuttle ended up being more dangerous and more expensive to fly than those first throwaway rockets, even though large portions of it were reusable. It's absurd.

A NASA-funded study estimates that if the price of a ticket to space approached $100,000, close to a million people would buy one. That's a $100 billion industry. Microsoft cofounder Paul Allen gave me $20 million in startup funding to go after that market.

When theres ever a breakthrough, a true breakthrough, you can go back and find a time period when the consensus was 'well, thats nonsense!', so what that means is that a true creative researcher has to have confidence in nonsense.

I like to call the difference between research and development. Some people use that interchangeably. They'll say R&D. They're two totally different things.

The next 15 years will see thousands of people leave the atmosphere on suborbital flights. My company's SS2 system might fly 100,000 people by 2024. If it is shown to be highly profitable, perhaps we will see 20,000 people traveling to orbit by 2035, and then thousands to the moon by 2050. If we make a courageous decision, like the program we kicked off for Apollo, we will see our grandchildren in outposts on other planets.

America was good enough to make a small compact lighter weight nuclear weapon. The Russians still had these big clunky heavy ones, so they had to build the big boosters in the arm's war, so now all of the sudden Russia could take off the shelf and put into orbit much heavier things than we could, so that's why they had the original leadership.

To allow public access to orbit, we would need breakthroughs that would lower the cost by a lot more than an order of magnitude and increase safety by a factor of 100 as compared to every launch system used since the first manned space flight. I think airborne launch will be a significant part of the safety solution.