AbonnéTravel & Wellness

The Stakes Of Space Tourism For The Ultra-Rich

By Eva Morletto18 février 2025

The global space tourism market, currently valued at $876.34 million, is projected to exceed $13 billion by 2030. While global powers like China and the United States focus on lunar and Martian exploration, private companies are multiplying to offer space experiences tailored to the ultra-wealthy.

Suborbital missions are the most common form of space tourism, offering breathtaking panoramic views of the Earth in zero gravity (Shutterstock)

$13 081 M

Estimated value of the global space tourism market between now and 2030 (Data Bridge Market Research)

$250 K

Average budget for a trip into space

27.2 Tons

The CO2 emission of a complete suborbital flight

In 2001, California businessman Dennis Tito embarked on a seven-day journey aboard the Soyuz TM-32 mission to the International Space Station. The cost? A staggering $20 million. For this sum, Tito became the world’s first space tourist, paving the way for billionaires such as Jeff Bezos, Elon Musk, and Richard Branson to turn space tourism into a thriving industry.

On April 28, 2001, Dennis Tito became the first “space tourist” aboard the Soyuz TM-32 mission, above. The flight lasted 7 days, 22 hours and 4 minutes, to the International Space Station (Wikipedia)

Currently, only a handful of companies offer space tourism services, but they are already diversifying their offerings. The most common form of space tourism today is suborbital flights—brief journeys to the edge of space that provide a few minutes of weightlessness and breathtaking views of Earth. These missions reach altitudes above the Kármán line (100 km above Earth’s surface).

Suborbital flights are also the most "affordable" space tourism option. Jeff Bezos’ Blue Origin offers tickets ranging from $200,000 to $300,000, while "low-cost" competitors like Space Perspective and World View aim to provide even more "accessible" trips, with prices starting at €45,000 for a six-hour journey.

Jeff Bezos' company Blue Origin offers tickets for between 200,000 and 300,000 dollars. Here, the New Shepard rocket, which takes off and lands vertically, has now taken 37 people above the Karman line (Blue Origin)

Industry players on the rise

Other companies have different ambitions: the renowned SpaceX, founded by billionaire Elon Musk—who is now a controversial close ally of U.S. President Donald Trump—focuses more on long-duration orbital missions, allowing passengers to spend days or even weeks in space. This type of offering requires comprehensive physical and technical training for prospective travelers due to the prolonged weightlessness conditions, which can significantly impact the human body.

S'inscrire

Soyez prévenu·e des dernières publications et analyses.

Pour continuer à lire cet article, abonnez-vous maintenant

CHF 10.- par mois / CHF 99.- par année

Accès illimité à tous les contenus payants
Des analyses approfondies sur l'industrie du luxe que vous ne trouverez nulle part ailleurs.
Des études et rapports sur les principaux défis à venir ainsi que leur décryptage.
Des articles académiques élaborés par des professeurs et des doctorants membres du Swiss Center for Luxury Research, ainsi qu’un certain nombre d’universités à l’étranger.
Des événements réservés aux membres pour enrichir vos connaissances et votre réseau.

Partager l'article

Continuez votre lecture

Travel & Wellness

Portofino: Leading Italian Luxury Tourism in 2025

Luxury tourism in Italy experienced significant growth in 2024. Destinations such as Portofino and the Tigullio region have particularly benefited from this surge. Major investments by luxury giants underscore the attractiveness of these locations.

By Bettina Bush Mignanego

Travel & Gastronomy

Accor and its Orient Express brand invest in luxury cruises

The Accor group’s strategy is to diversify its high-end hotel offer by exploring the world of ultra luxury sailing cruises.

By Eva Morletto