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Safety concerns arise over space tourism; what will it mean for the industry?

Safety concerns arise over space tourism; what will it mean for the industry?
RECEIVED THE GRA.NT SUMMER:SUMMER: BEFORE YOKNU OW ITS FACE TORSO WL ILBE LAUNCHING WITH REGULARITY. STEWART: THIIS TRIGGERING A WARNING FROM WATCHDOG AGENCY TH SAYS NO SAFETY RULES ARE IN PLACE. >> THE MORE YOU PAY, THE MORE YOU ENJOITY CAN: PEOPLE WILL THROW AROUND MILLIONS OF DOLLARS -- >> SOLD, $28 MILLION. DAN: TO FLY IN SPACE. A RECENT AUCTION BROUGHT IN $28 MILLION FOR ABOUT A 10-MINUTE FLIGHT TO THE EDGE OF SPACE OVER TEXAS NEXT MONTH ON A ROCKET BUILT BY AMAZON BILLIONAIRE JEFF BES. FELLOW TYCOON ELON MUSK WILL LAUNCH FOUR TOURISTS TWO MONTHS LATER FROM THE KENNEDY SPACE CENTER. RICHARD BRANSON’S VIRGIN GALACTIC IS ON THE BRINK OF LAUNCHING SPACE TOURISTS FROM NEW MEXI.CO IT’S REALLY HAPPENING. BUT IN A NEW REPORT, THE U.S. GOVERNMENT ACCOUNTABILITY OFFICE COMPLAINS IT COULD BE TOO DANGEROUS. THE WATCHDOG AGENCY SAYS TAAHE IS PROHIBITED BY STATUTE FROM REGULATING CREW AND PASSENGE SAFETY BEFORE 2023. THE FESATY OF SPACE TOURIS,TS THEN, IS DEPENDENT ONLY ON THOSE BILLIONAIRES WHO ARE RAKININ ALL THAT MONEY. IF THERE’S AN ACCIDT?EN >> IF THEY SCREW UP ANHUD PEOPLE, THAT IS GOING TO BRING ABOUT A BACKLASH THAT IS REALLY GOING TO CRIPPLE THEIR INDUSTRY. DAN: THE REASON CONGRESS PREVENTED REGULATION WAS TO GI INDUSTRY TIME TO INNOVATE AND DEVELOP SPACE TOURISM. TH'A’S OK WITH THE WEALTHY CUSTOMERS. >> THIS IS SUPER RELIABLE TECHNOLO.GY IT’S AHEAOFD EVERYONE ELSE. I COULDN’T BE MORE CONFIDENT ABOUT THE ROCKET AND SPACECRAFT WE’LL BE GOING ON LATER THIS YEAR. >> $8.6 MILLION. NOW $8.7 MILLION. DAN: BUT WILL THOSE CUSTOMERS KEEP COMING OR WILL AN ACCIDENT PREVENT A NEW INDUSTRYRO F PUTTING PEOPLE ON THE EMPLOYMENT ROLLS AND MILLIONS IN THE ONECOMY? ON THE SPACE COAST, DAN BILLOW
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Safety concerns arise over space tourism; what will it mean for the industry?
Before you know it, space tourists will be launching with surprising regularity. The first U.S. liftoff is only a month away. That's triggering a warning from a watchdog agency that says no safety rules are in place. WESH 2's Dan Billow looked into how that could hurt a new industry that brings in a lot of money. People will throw around millions of dollars to fly in space. A recent auction brought in $28 million for about a ten-minute flight to the edge of space over Texas next month, on a rocket built by Amazon billionaire Jeff Bezos.Fellow tycoon Elon Musk will launch four tourists two months later from the Kennedy Space Center.Richard Branson's Virgin Galactic is on the brink of launching space tourists from New Mexico.It's really happening. But in a new report, the U.S. Government Accountability Office complains it could be too dangerous. The watchdog agency says the FAA is prohibited by statute from regulating crew and passenger safety before 2023.The safety of space tourists, then, is dependent only on those billionaires who are raking in all that money. If there's an accident? "If they screw up and hurt people, then it's going to bring about a backlash that is really going to cripple their industry," said Dale Ketcham, of Space Florida.The reason Congress prevented regulation was to give industry time to innovate and develop space tourism. That's OK with the wealthy customers. "This is super reliable technology. It's ahead of everyone else. I couldn't be more confident about the rocket and spacecraft we'll be going on later this year," said Jared Isaacman, who is known for being an American billionaire businessman and pilot. Isaacman will also soon be a space tourist. But will those customers keep coming, or will an accident prevent a new industry from putting people on the employment rolls and millions in the economy?

Before you know it, space tourists will be launching with surprising regularity.

The first U.S. liftoff is only a month away. That's triggering a warning from a watchdog agency that says no safety rules are in place.

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WESH 2's Dan Billow looked into how that could hurt a new industry that brings in a lot of money.

People will throw around millions of dollars to fly in space.

A recent auction brought in $28 million for about a ten-minute flight to the edge of space over Texas next month, on a rocket built by Amazon billionaire Jeff Bezos.

Fellow tycoon Elon Musk will launch four tourists two months later from the Kennedy Space Center.

Richard Branson's Virgin Galactic is on the brink of launching space tourists from New Mexico.

It's really happening. But in a new report, the U.S. Government Accountability Office complains it could be too dangerous. The watchdog agency says the FAA is prohibited by statute from regulating crew and passenger safety before 2023.

The safety of space tourists, then, is dependent only on those billionaires who are raking in all that money. If there's an accident?

"If they screw up and hurt people, then it's going to bring about a backlash that is really going to cripple their industry," said Dale Ketcham, of Space Florida.

The reason Congress prevented regulation was to give industry time to innovate and develop space tourism. That's OK with the wealthy customers.

"This is super reliable technology. It's ahead of everyone else. I couldn't be more confident about the rocket and spacecraft we'll be going on later this year," said Jared Isaacman, who is known for being an American billionaire businessman and pilot. Isaacman will also soon be a space tourist.

But will those customers keep coming, or will an accident prevent a new industry from putting people on the employment rolls and millions in the economy?