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Ready for Launch?

These are the voyages of the starship <i>Entrepreneur</i>- boldly doing business in space.

This story appears in the October 2001 issue of Entrepreneur. Subscribe »

Although space travel is currently just for the rich, entrepreneurs will be capable of catering to a wider audience once a commercial space station is in place-and that could be sooner than you think. Space Island Group, based in West Covina, California, has plans to build a privately funded space shuttle and station, complete with hotels, restaurants and attractions. The project costs between $1 billion and $2 billion per year.

"It's not a small venture thing," says Gene Meyers, founder and president of Space Island Group. "But it's still just a tiny slice of what NASA spends. We can do this because we're building on the work NASA has already done."

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