so, it didn't seem like a lot, it might have seemed like more but now that spaceshipone has done this, the scale composite can do many things. they have some crazy offers from people coming in. i mean,, they had just proven everyone wrong. and so, this is the central what scalebecause composite sedated and has done -- and anyone who has been to the air and space museum knows the composites without even knowing them. theyse have more designs hanging up in the museum than anyone else. >> these are remarkable characters. >> genius. and he -- so, the whole thing is building prototypes, building one offs. so they do not put a lot of failsafes into their vehicles. so now you have this company that is trying to build a certifiable, safe space tourism vehicle. you can see that that's going to be a recipe for disaster in some ways. they just, they don't build redundant -- they sort of build redundancies where they needed to be there but if the redundancy doesn't need to be there, then they don't put it there. and thent virgin galactic is coming along and they've got lawyers and all these peopl

it might have seems like a lot before spaceshipone didis based on this there is anything . sales, hot crazy offers from they had just one raw. so this is the central challenge because what composites did and has done, and anyone who spends themuseum knows scaled composites has more design than anyone else. >> he's a remarkable character. >> he's a genius. so their whole thing is buildingprototypes . they don't put a lot of failsafes into their vehicles . so now you have this company is trying to hold a survival space tourism vehicle. you can see that that's a recipe for disaster in some ways. they don't build redundancies . a gold redundancies they need to be there but there ebecause they need to be there and merging dlawyers these two companies, so the class between those two i found fascinating so branson had good reason to believe and it's hard to know where branson's head is now. he recently sold off $150 million worth of personal stock shares and burgeoned lactic and you know, virgin galactic, it's hard to say. they have more money now than ever that because they went

it didn't seem like a lark maybe it was but now that it has announced spaceshipone has done this, i mean, it could do anything. it had crazy offer some people coming in. they had just proven everyone wrong. this is the central challenge because what scale composites did and has done, and anyone has been to the aerospace museum knows it without even knowing them. the head of scale composites has more designs hanging up in the space museum than anyone else. >> is a remarkable character. >> he's a genius. so, but the whole thing is building prototypes, building one offs. they don't put a lot of failsafes into their vehicles. now you have this company that is trying to build a certifiabl certifiable, safe space tourismm vehicle. you can see that's going to be, that's a recipe for disaster in some ways. they don't build redundant, they build redundancies where they need to be there but if the redundancy that need to be there they don't put in there. virgin galactic is coming along and they have lawyers and all of these people worried about is going to be safe? these two companies while they w

and realize the sensuality of this unique aviation from that first built spaceshiptwo and built spaceshipone as the predecessor. this explains why mike made that mistake in 2014 and why they were not all these failsafes built into the spaceship. : : : contest the first private leave built spacecraft to reach space twice in two weeks. so in 2000 for the contest is about to expire and here comes a small aviation firm they build spaceship one smaller version of spaceship to and use the unique airlines configuration it goes to space three times that year to make the two qualifying spaceflights in two weeks. concept the you can do this and branson says $1 million for the project in the end and put the logo on the side of spaceship one and earned the right to commission for the scale composite to build a bigger version of the craft so it didn't seem -- it might have seemed like that before but now that spaceshipone has done this, they could do anything. there were crazy offers coming in, they had just proven all so this is the central challenge because with scare composite did and has done, everyo

that was the winning design, spaceshipone, which virgin galactic licensed and created a larger versioneshiptwo and we saw take flight on sunday. it was wonderful to see this exciting step we took in democratizing space and making it successful ended up opening a hold a chapter in the commercialization of space. now we can show it's possible for more people to experience, maybe a glimpse, to experience what i experienced on the space station and going to space and being able to have the overview effect, which is that life-changing experience. emily: what is so innovative about the design of this spacecraft is that it changes shape in-flight, in space for a safe reentry and is very different than the traditional up and down rocket technology that blue origin is using. how would you compare the two? guest: as you said, the virgin design is very different. it is two-stage with the rocket playing a role when you are to the thickest part of the atmosphere. the first part feels like a plane ride and then the rocket hits and you go up very rapidly to about close to 60 kilometers and the landin

says all but a million dollars to the project in the end and puts the virgin logo on the side of spaceshipone earns the right to commission to build a composite of a bigger version. it didn't seem like a lark maybe it was but now that it has done this they could do anything. they had crazy offers from people coming in they had just proven everyone wrong. so this is the central challenge so what they did and have done anyone with the space museum because the head of scaled composites has more design than any. >> and these are remarkable characters. >> that their whole thing is building prototypes so they'll put a lot of fail space into their vehicles. so now you have this company who tries to build a certifiable safe tourism vehicle. you can see that's a recipe for disaster in some ways. they don't build redundancies if they need to be there but if it doesn't need to be there they don't put it in there. then virgin galactic comes along they have lawyers and all these people are worried if it will be safe and these two companies while they work together it's far from seamless so the clash betwe

i think he believed it would become a lot more difficult than i think he believed it would be, spaceshiponebut thankfully we are there now and it is ground—breaking and at this ushers in a new era of commercial space flight for suborbital flight and the reason that is significant is because to date, some very wealthy people have been at between 20 and $50 million each to spend a week aboard the international space station flying with the russians are now you can go and touch a space if you don't have quite that much money but it was so cost you around $250,000.— but it was so cost you around $250,000. ,, , , ., , , $250,000. still slightly outside my leak i am afraid _ $250,000. still slightly outside my leak i am afraid we _ $250,000. still slightly outside my leak i am afraid we write _ $250,000. still slightly outside my leak i am afraid we write but - $250,000. still slightly outside my leak i am afraid we write but how . leak i am afraid we write but how long do you think it will be? we havejeff long do you think it will be? we have jeff bezos long do you think it will be? we havejeff