Imagine zipping from London to New York in 29 minutes or London to Sydney in LESS THAN AN HOUR. It seems impossible but that’s how fast it would be on Elon Musk’s SpaceX Starship.
So rockets are going to replace passenger jets in the next decade you ask? That’s the proposition being put forward by Swiss firm UBS, as reported in a Daily Mail article.
According to the article, UBS believes that the market of point-to-point rocket travel will be worth US$19.7 billion a year by 2030.
By now your mind is probably in overdrive, imagining how this rocket commuting would actually work. Basically rockets would enter the upper atmosphere before returning to Earth.
Analysts with UBS Jarrod Castle and Myles Walton told the Daily Mail that “although some might view the potential to use space to service the long-haul travel market as science fiction, we think there is a large market.”
“While space tourism is still at a nascent phase, we think that as technology becomes proven, and the cost falls due to technology and competition, space tourism will become more mainstream.”
UBS analysists
With space tourism soon to become a reality, perhaps this prediction isn’t so out there after all?
- READ: SPACE HOTEL: Take a gander inside the $9.5m per person luxury accommodation
- READ: VIRGIN GALACTIC: Tourist rocket reaches the edge of space in test flight