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Will the investment flood happen?
As you probably know, in the aftermath of Charles Lindbergh's
trans-Atlantic flight, interest in aviation skyrocketed. According to the X-Prize website, "The Spirit of St. Louis aircraft was personally viewed by a quarter of all Americans within a year of Lindbergh's 1927 flight. The number of US Airline Passengers flown went from 5,782 in 1926 to 173,405 in 1929. Companies were known to change their names to include the words "airplane" or "aviation" in their corporate names much like the rush to establish the early dot.coms." In an interview with Clark Lindsey of HobbySpace, Dr. Diamandis (of the X-Prize) said, "Once the X PRIZE is won, I hope that there will be a major flow of cash from the investment community into private space-related ventures." Do you all think this is likely to happen? Or do you think most investors will wait until the X-Prize competitors actually start turning profits? -- Direct access to this group with http://web2news.com http://web2news.com/?sci.space.policy |
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