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Jeff Bezos Wants to Charge $200,000+ for a Ride to Space

July 13, 2018
2 min read
Jeff Bezos reveals Blue Origin rocket
Jeff Bezos Wants to Charge $200,000+ for a Ride to Space
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While space travel for civilians is fast approaching, it's not going to be affordable for most. Reuters reports that Amazon CEO Jeff Bezos plans on charging $200,000 to $300,000 for rides to outerspace on his Blue Origin rocket.

Two Blue Origin employees who have "first-hand knowledge of the pricing plan" spoke to Reuters, telling the publication that tickets would be priced at a minimum of $200,000 and could go as high as $300,000.

If these prices are accurate, they'll be on par with Virgin Galactic's prices, which now starts at $250,000 for a suborbital ride around Earth.

Flights will be aboard the New Shepard rocket system, which can sit six people and includes the "largest windows in space." It will autonomously fly passengers into outerspace, shooting them 62 miles above the earth's surface — allowing them to experience a few minutes of weightlessness and to catch a view that only a handful of humans have seen in person. Blue Origin says the windows measure 2.4 feet wide by 3.6 feet tall, nearly three times the size of a Boeing 747's windows.

The Blue Origin Crew Capsule 2.0. Image courtesy of Blue Origin.

Executives at Blue Origin told attendees at a business conference last month that they plan on starting manned test flights soon and hope to begin selling tickets in 2019. The company has already completed eight successful test flights and plans on launching a rocket for the first time into space in the next few weeks.

Even with the high cost, it's likely that the missions will still lose money. Teal Group aerospace analyst Marco Caceres estimates that it will cost around $10 million per launch, meaning even at the highest pricepoint of $300,000, six passengers would only bring in $1.8 million.

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Still, companies like Blue Origin and Elon Musk's SpaceX plan on reducing the cost of space travel. In 2011, NASA said it cost $450 million to launch the Space Shuttle. Musk claims with his reusable Falcon 9 rocket, he'll make launches 100 times cheaper.

Featured image by TNS via Getty Images

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    $325
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Why We Chose It

There’s a lot to love about the Amex Gold. It’s a fan favorite thanks to its fantastic bonus-earning rates at restaurants worldwide and at U.S. supermarkets. If you’re hitting the skies soon, you’ll also earn bonus Membership Rewards points on travel. Paired with up to $120 in Uber Cash annually (for U.S. Uber rides or Uber Eats orders, card must be added to Uber app and you can redeem with any Amex card), up to $120 in annual dining statement credits to be used with eligible partners, an up to $84 Dunkin’ credit each year at U.S. Dunkin Donuts and an up to $100 Resy credit annually, there’s no reason that foodies shouldn’t add the Amex Gold to their wallet. These benefits alone are worth more than $400, which offsets the $325 annual fee on the Amex Gold card. Enrollment is required for select benefits. (Partner offer)

Pros

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  • 3 points per dollar spent on flights booked directly with the airline or with amextravel.com
  • Packed with credits foodies will enjoy
  • Solid welcome bonus

Cons

  • Not as useful for those living outside the U.S.
  • Some may have trouble using Uber and other dining credits
  • You may be eligible for as high as 100,000 Membership Rewards® Points after you spend $6,000 in eligible purchases on your new Card in your first 6 months of Card Membership. Welcome offers vary and you may not be eligible for an offer. Apply to know if you’re approved and find out your exact welcome offer amount – all with no credit score impact. If you’re approved and choose to accept the Card, your score may be impacted.
  • Earn 4X Membership Rewards® points per dollar spent on purchases at restaurants worldwide, on up to $50,000 in purchases per calendar year, then 1X points for the rest of the year.
  • Earn 4X Membership Rewards® points per dollar spent at US supermarkets, on up to $25,000 in purchases per calendar year, then 1X points for the rest of the year.
  • Earn 3X Membership Rewards® points per dollar spent on flights booked directly with airlines or on AmexTravel.com.
  • Earn 2X Membership Rewards® points per dollar spent on prepaid hotels and other eligible purchases booked on AmexTravel.com.
  • Earn 1X Membership Rewards® point per dollar spent on all other eligible purchases.
  • $120 Uber Cash on Gold: Add your Gold Card to your Uber account and get $10 in Uber Cash each month to use on orders and rides in the U.S. when you select an American Express Card for your transaction. That’s up to $120 Uber Cash annually. Plus, after using your Uber Cash, use your Card to earn 4X Membership Rewards® points for Uber Eats purchases made with restaurants or U.S. supermarkets. Point caps and terms apply.
  • $84 Dunkin' Credit: With the $84 Dunkin' Credit, you can earn up to $7 in monthly statement credits after you enroll and pay with the American Express® Gold Card at U.S. Dunkin' locations. Enrollment is required to receive this benefit.
  • $100 Resy Credit: Get up to $100 in statement credits each calendar year after you pay with the American Express® Gold Card to dine at U.S. Resy restaurants or make other eligible Resy purchases. That's up to $50 in statement credits semi-annually. Enrollment required.
  • $120 Dining Credit: Satisfy your cravings, sweet or savory, with the $120 Dining Credit. Earn up to $10 in statement credits monthly when you pay with the American Express® Gold Card at Grubhub, The Cheesecake Factory, Goldbelly, Wine.com, and Five Guys. Enrollment required.
  • Explore over 1,000 upscale hotels worldwide with The Hotel Collection and receive a $100 credit towards eligible charges* with every booking of two nights or more through AmexTravel.com. *Eligible charges vary by property.
  • No Foreign Transaction Fees.
  • Annual Fee is $325.
  • Terms Apply.