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Monday, September 27, 2021
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How Billionaires Musk, Bezos And Branson Are Doing More Than Racing To Space

How Billionaires Musk, Bezos And Branson Are Doing More Than Racing To Space

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No sooner did Jeff Bezos’ rocket ship return with him and three other astronauts from its brief trip to space than scolds, critics, comics and bloviating politicians piled on with contumely and scorn. 

Nine days before, Sir Richard Branson was greeted with catcalls and derision when he ventured into space—or at least near it—in his spaceplane.

Elon Musk has experienced his share of skepticism and criticism for his space efforts.

As this episode of What’s Ahead makes clear, it’s the revilers and belittlers who are spaced out. These three billionaires are engaged in serious aeronautical breakthroughs. Their efforts have shaken up stale and stodgy bureaucracies in both the government and the private aerospace sectors.

Musk’s rocket technology, for instance, is the best in the world, which is why NASA and the military use him to launch satellites. His advances have reduced the cost of launches by a factor of 20!

Sir Richard’s projects hold the promise of enabling us to go from New York to Tokyo in two hours.

These men are masters at making marketing splashes, but don’t let that blind you to the awe-inspiring pioneering work they are doing.

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Steve Forbes is Chairman and Editor-in-Chief of Forbes Media.

Steve’s newest project is the podcast “What’s Ahead,” where he engages the world’s top newsmakers,

Steve Forbes is Chairman and Editor-in-Chief of Forbes Media.

Steve’s newest project is the podcast “What’s Ahead,” where he engages the world’s top newsmakers, politicians and pioneers in business and economics in honest conversations meant to challenge traditional conventions as well as featuring Steve’s signature views on the intersection of society, economic and policy.

Steve helped create the recently released and highly acclaimed public television documentary, In Money We Trust?, which was produced under the auspices of Maryland Public television. The film was inspired by the book he co-authored, Money: How the Destruction of the Dollar Threatens the Global Economy – and What We Can Do About It.

Steve’s latest book is Reviving America: How Repealing Obamacare, Replacing the Tax Code and Reforming The Fed will Restore Hope and Prosperity co-authored by Elizabeth Ames (McGraw-Hill Professional).

Steve writes editorials for each issue of Forbes under the heading of “Fact and Comment.” A widely respected economic prognosticator, he is the only writer to have won the highly prestigious Crystal Owl Award four times. The prize was formerly given by U.S. Steel Corporation to the financial journalist whose economic forecasts for the coming year proved most accurate.

In both 1996 and 2000, Steve campaigned vigorously for the Republican nomination for the Presidency. Key to his platform were a flat tax, medical savings accounts, a new Social Security system for working Americans, parental choice of schools for their children, term limits and a strong national defense. Steve continues to energetically promote this agenda.