Suborbital space trips could generate as much as $1.6 billion within the first decade of operations.
Space tourism accounts for 80% of demand for suborbital space flights and Richard Branson's Virgin Galactic is set to be the first of several companies vying for a share in the fledgling sector. With over 536 potential passengers providing a collective deposit of $70 million in advance of the company's planned 2014 launch date, interest in space tourism is at an all-time high.
"Our analysis indicates that about 8,000 high-net-worth individuals from across the globe are sufficiently interested and have spending patterns likely to result in the purchase of a suborbital flight - one-third from the United States," said a recent report.
"Commercial suborbital space flights should bring in between $600 million and $1."
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