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.

There was a wonderful little short four-year time period when marvelous things happened. It started in 1908, when the Wright brothers flew in Paris, and everybody said, 'Ooh, hey, I can do that.' There's only a few people that have flown in early 1908. In four years, 39 countries had hundreds of airplanes, thousands of pilots.

I spent about seven years during the Vietnam War flight-testing airplanes for the Air Force. And then I went in and I had a lot of fun building airplanes that people could build in their garages. And some 3,000 of those are flying. Of course, one of them is around-the-world Voyager.

Confidence in nonsense is required.

Usually the wacky people have the breakthroughs. The smart people dont.

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.

Within 25 years, virtual reality meetings will be essentially transparent to being there in person. Once we can do this, the idea of climbing into an aircraft, and burning up huge quantities of fossil fuels to propel our bodies and briefcases full of papers, will seem absolutely backward.