The Space Economy is the full range of activities and use of resources that create and provide
value and benefits to human beings in the course of exploring, understanding and utilizing space.
The "space economy" was estimated at about $251 billion in 2007, according to a report by
the Space Foundation released in 2008. More than 60 percent of space-related economic activity came from
commercial goods and services.
Burt Rutan: Entrepreneurs are the Future of Space.
In 2004, legendary spacecraft designer Burt Rutan won the $10M Ansari X-Prize for SpaceShipOne,
the first privately funded craft to enter space twice in a two-week period. He's now collaborating
with Virgin Galactic to build the first rocketship for space tourism.