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What is Space Tourism? Brief Introduction of Space Tourism Companies & Space Tourism Cost

Umesh Kurmi is a semi-qualified Chartered Accountant from the Institute of Chartered Accountants of Nepal with seven years of experience.




Soon after the first moon landing, life in space became a reality. As the technology of space travel has developed over the years, new players have arrived in the race for space tourism. This trend not only got people to dream but also got to make people believe they are living their dream if they can somehow afford this costly hobby.

Since the dawn of space travel, scientists have pushed the boundaries of understanding with each discovery they make. Among their discoveries, space tourism has been one of the most talked-about topics – and that's no surprise. It's quite humbling to think that you can travel into space and experience the wonders of space firsthand!

What is Space Tourism?

Space tourism is space travel that takes place in outer space. Right now it is very costly, only affordable to billionaires. Ticket prices range from US$200,000 to US$500,000. With emerging technologies and economies of scale, it may also become affordable to the general public.

This journey is also very intriguing because you can

  • Travel to outer space
  • Experience the weightlessness,
  • Get a bird's-eye view of Earth and other planets.

It is a concept in which space travelers would travel into outer space, usually to another planet. The concept was first proposed by Robert Goddard in 1926.

Space Walk


Types of Space Tourism


It is a concept of traveling to outer space by using an orbital spacecraft at a very high speed. It should travel at a fast enough speed to follow the arc of the earth. To stay in orbit, the speed of the spacecraft should be approximately 28,000 km per hour. Here, the spacecraft will stay in orbit for a couple of days. You can experience weightlessness in orbital space. The orbital flight is comparatively more expensive than the sub-orbital flight and requires more fuel.


In sub-orbital flights, the spacecraft travels at a speed of 6,000 km per hour. The spacecraft won’t stay in orbit but eventually falls back to Earth. The journey is for a couple of hours; i.e., two, or three. You can experience weightlessness in a suborbital space for a couple of minutes. The sub-orbital flight is comparatively less expensive than orbital flights and requires less fuel.


It is space travel that takes place in lunar space or on the moon's surface. Although some privately owned firms have made orbital and suborbital flights possible, lunar tourism may become possible a few years later. By 2025, we can expect lunar landings.

Rocket Launch


Space Tourism Companies

The brief introduction of these companies are given below:

1. Virgin Galactic

Richard Branson’s Virgin Galactic has achieved a milestone in space tourism businesses. The company began its journey when it was founded by Richard Branson, who made an estimated investment of $100 million.

Richard Branson is a British entrepreneur who also belongs to the music industry. Virgin Galactic offers suborbital flights.

The company began its journey after winning the Ansari X prize, whose amount was $10 million. The prize was won through a spaceship named SpaceShipOne. It entered into a joint venture with Scaled Composites and manufactured

• SpaceShipTwo

• WhiteKnightTwo

The initiating date of the flight was postponed many times. The following are the reasons for the delay:

• In 2007, a crash occurred during a ground test

• In 2014, a crash occurred during a test flight

• Delayed Development

Many customers booked spaceflights. The most famous names were Brad Pitt, Angelina Jolie, Tom Hanks, Ashton Kutcher, and Katy Perry. Because of the crash and delayed development, some customers had withdrawn their bookings.

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Crash Landing


2. Blue Origin

Blue Origin is a private spaceflight organization began by founder Jeff Bezos in 2000. It was the primary organization on the planet to effectively land a reusable rocket on an arrival cushion, an accomplishment pulled off by the New Shepard suborbital vehicle during a practice run in November 2015.

The organization is as of now fostering a lunar lander called Blue Moon that will make automated freight conveyances to the lunar surface, and it is cooperating with SpaceX and Dynetics to foster a human-evaluated moon lander that will convey space explorers to the lunar surface in 2024 under NASA's Artemis Program.

NASA furnished Blue Origin with more than $25 million in agreements (installment depended on achievements finished) for the Commercial Crew Development program, which has helped privately financed space vehicles carry individuals to the International Space Station. In 2014, NASA decided to help SpaceX's Dragon and Boeing's Starliner shuttle for those flights.

Blue Origin is known in the space business for not delivering a lot of data about its flights and desires early, dissimilar to organizations like SpaceX and Virgin Galactic. Until 2006, Blue Origin didn't earn a lot of public consideration, when Bezos made a progression of land buys in Texas.

The organization's first major revealed misfortune came in 2011 when an advancement vehicle fizzled at around 45,000 feet (13,700 meters) in elevation during a flight test.

Engineering Research


3. SpaceX

SpaceX has acquired overall consideration for a progression of memorable achievements. It is the only privately owned business equipped for returning a shuttle from the low-Earth circle, and in 2012 Dragon spacecraft turned into the primary business rocket to convey freight to and from the International Space Station. Also in 2020, SpaceX turned into the primary privately owned business to accept people there, too.

SpaceX accepts a completely and quickly reusable rocket is the urgent advancement expected to significantly lessen the expense of space exploration. Most of the send-off cost comes from building the rocket, which generally has flown just a single time.

Contrast that with a business aircraft - each new plane has expenditure about equivalent to Falcon 9, yet can fly on different occasions each day and lead to a huge number of trips over its lifetime. Following the business model, a quickly reusable space send-off vehicle could decrease the expenditure of venturing out into space by a hundredfold.

While most rockets are intended to wreck on return, SpaceX rockets can endure return as well as effectively land back on Earth and re-fly once more.

SpaceX's group of Falcon send-off vehicles are the solitary orbital-class rockets fit for flight. Contingent upon the exhibition expected for the mission, Falcon lands on one of our independent spaceport drone ships out on the sea or one of our arrival zones close to our platforms.

Rocket Team


4. Boeing

Boeing is a famous organization in U.S. space investigation that goes back many years. From its work on space transport and International Space Station to its new Starliner rocket, moon lander, and then some, the organization is a pillar in the U.S. aeronautics trade.

Boeing is the world's biggest aviation organization and driving maker of business jetliners, safeguard space and security frameworks, and specialist co-op secondary selling support. As America's greatest manufacturing exporter, the organization upholds carriers, the U.S. government, and other government clients in over 150 nations.

Boeing has a long practice of aviation administration and advancement. The organization keeps on growing its product offering and administrations to meet rising client needs. Its expansive scope of capacities incorporates making new, more effective individuals from its business plan family; planning, building, and coordinating military stages and safeguard frameworks; making trend-setting innovation arrangements, and orchestrating imaginative financing and administration choices for clients.

Moon Landing Apollo 15


5. Axiom Space

Axiom Space aspires to become one of the most promising aerospace companies. It intends to build a low-Earth-orbit space station. Axiom and SpaceX have agreed to send several tourists to the International Space Station (ISS). Such initiatives are going to foster space tourism to a new landmark.

This company was established in 2016 by Mike Suffredini and Kam Ghaffarian. Mike Suffredini previously served as NASA's ISS program manager from 2005 to 2015.

Axiom describes broad commercial activities such as human spaceflight for national and commercial astronauts for in-space research and manufacturing, space exploration support, and spaceflight participants for space tourism.



6. Space Perspective

Space Perspective is the world's first extraordinary spaceflight experience organization, welcoming more individuals than any other time to encounter an undeniably exhilarating new viewpoint that no one but space can give.

Accompanied to space inside Spaceship Neptune's compressed case pushed by a superior presentation space swell, the super agreeable, open, and delicate six-hour venture reclassifies how space and miracle travel affects the advanced explorer.

The Florida-based organization has begun seat bookings for its "Spaceship Neptune," an inflatable-borne, compressed case intended to convey eight travelers and one pilot to a height of 100,000 feet (30,000 meters). The cost is $125,000 per seat.

Spaceship Neptune travelers will spend around six hours on board during their flights, which will take them above almost 99% of Earth's atmosphere and show our planet against the darkness of space.

International Space Station


Your Opinion

Space Tourism Cost

What excites the minds of children more than alien planets and stars? For a young man, it isn't anything aside from a space traveler flying in space. The United States has been at the forefront of space exploration for decades and has successfully carried out numerous launches. Space tourism is an over-the-top expensive area; yet, it is a particularly convincing region to explore. All in all, what does it cost to go to space? Let's take a closer look at the cost of this amazing and unique form of adventure.

The cost of suborbital space flights is less expensive all the time.

CompanyCost per seatTrip TypeDurationHeight

Virgin Galactic




80 km

Blue Origin

$300,000 approx.


12 minutes

100 km

Axiom Space

$55 million




Space Perspective


Trip to the edge of space


32 km

Space Tourism Advantages & Disadvantages

This content is accurate and true to the best of the author’s knowledge and is not meant to substitute for formal and individualized advice from a qualified professional.

© 2022 Umesh Kurmi

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