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Since Richard Branson and Jeff Bezos recently ventured into space on their own (separate) flights, space tourism seems to be on everyone’s lips. If this latest news has ignited your spirit of adventure and you are wondering how much it will cost you to fly into space, then look no further.

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How much do passengers pay for space flights?

With commercial space travel so new, prices currently vary widely.

The most expensive tickets reported are a staggering $ 55 million apiece. This is for the Axiom Space trip to the International Space Station scheduled for 2022. These people will spend eight days on the ISS.

Meanwhile, the last spot on the first flight was auctioned off by Blue Origin, Jeff Bezos’ company, for $ 28 million.

Richard Branson’s Virgin Galactic trips appear to be the cheapest so far.

600 people have already paid a deposit for tickets, which will cost them up to $ 250,000 (£ 180,000). A place on the waiting list cost her $ 1,000.

Others have yet to reveal how much they paid for their tickets to space. However, it is reasonable to assume that their tickets cost a lot.

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Will the price go down?

Two billionaire-run companies have already successfully carried out space flights. Elon Musk’s SpaceX, already working with NASA, is planning trips to Earth orbit, the International Space Station and even the moon. The Russian company Glavkosmos has also announced that it will sell tickets for space.

It can therefore be assumed that space travel will become less exclusive and generally available over time. In this case the price should decrease accordingly.

However, it is unlikely that a trip to space will ever be as cheap as flying in Earth’s atmosphere.

Speaking to Money Transfers, José Mariano López-Urdiales, founder and CEO of zero-emission space logistics company Zero 2 Infinity said: “Prices could drop below $ 100,000 in about eight years, which is a realistic time for large companies to have enough fleet to Place to be. “

Virgin Galactic predicts that costs will drop even further. The company has announced plans to sell tickets for around $ 40,000. However, this depends on the demand and the number of flights available.

Can you go into space for free?

The price is way too high for most people right now. That doesn’t mean that budding space explorers have to rule out their chances of getting a seat on a flight.

Elon Musk has submitted applications for eight people to accompany him for free on a SpaceX flight around the moon due to take place in 2023. Your chances of getting one of these places may be slim – over a million people have applied to date – but it’s not impossible.

At least two other lucky ones will be able to travel into space for free. Omaze is holding a competition to win a trip to space on a Virgin Galactic flight.

Space tourism flights are likely to become more frequent. With Blue Origin and Virgin Galactic planning more flights – likely in 2022 – keep an eye out for more competitions.

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Avatar for Katie Royals

Katie Royals is a financial journalist and personal finance writer. She writes on a range of topics including investing, insurance, and managing your money. Katie hovers somewhere between Millennials and Gen Z and has a special … Read more

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