📺 Stream EntrepreneurTV for Free 📺

The World's First Space Tourist Is Heading Back for a Trip Around the Moon And This Time He's Bringing His Wife Dennis Tito first visited the International Space Station in 2001.

By Sam Silverman

entrepreneur daily

Opinions expressed by Entrepreneur contributors are their own.

Photo by Newsmakers via Getty Images

The first person to ever pay their way to space is headed back for another trip amongst the stars.

Dennis Tito, 82, first traveled to the International Space Station in 2001 with the Russian Space Agency's Space Adventures, which was based in the U.S., and sent a couple of wealthy individuals to the great beyond.

However, his time in the sky back then was only 10-minutes long. This time, he'll be traveling around the moon for a week, according to a SpaceX update.

Tito's wife, Akiko, will also be joining him on his journey along with 10 other paying customers. Although the millionaire, who's in retirement after selling his investment company Wilshire Associates, hasn't disclosed how much he is paying for the experience, his prior trip cost $20 million.

"We're retired and now it's time to reap the rewards of all the hard work," he said of his pricey trip in an interview with the Associated Press. As for his love for space, he added, "This was a long pursuit dream of mine that began in 1958 when I started to study aeronautics and astronautics."

However, a date of take-off has yet to be determined as SpaceX's Starship is still in development but it could be within the next five years. Depending on his health, Tito said he's ready for take-off whenever they are.

"We have to keep healthy for as many years as it's going to take for SpaceX to complete this vehicle," Tito said. "I might be sitting in a rocking chair, not doing any good exercise if it wasn't for this mission."

He continued, "If I can show that a man over 80 years of age can accomplish this hopefully that will inspire people of any age … that this is possible."

Tito's trip would mark one of the longest periods spent in space by a non-astronaut. Previously SpaceX sent three businessmen who paid $50 million each on a 10-day excursion where they conducted experiments, per NPR. The majority of recent space travel from space tourism companies has been only a few minutes long, including Blue Origin's first 10-minute flight.

Sam Silverman

Content Strategy Editor

Sam Silverman is a content strategy editor at Entrepreneur Media. She specializes in search engine optimization (SEO), and her work can be found in The US Sun, Nicki Swift, In Touch Weekly, Life & Style and Health. She writes for our news team with a focus on investigating scandals. Her coverage and expertise span from business news, entrepreneurship, technology, and true crime, to the latest in entertainment and TV news. Sam is a graduate of Lehigh University and currently resides in NYC. 

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

Side Hustle

Want to Start a Simple Business That Helps the Planet? After 'One Night's Worth of Research,' He Started an Eco-Friendly Gig And Now Makes $200K a Year

Environmentally-conscious laws are picking up steam across the country. When one went into effect in Zach Cavacas's home state, he saw a lucrative business opportunity. Chances are, a similar law is coming to your state, or is already there.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Business News

These Are the Top 15 Jobs With the Highest Entry-Level Pay

Seven engineering positions made the list.

Side Hustle

These College Friends Started a 'Fun' Side Hustle That Landed Them on 'Shark Tank'— Now the Idea Is Helping Dozens Make Extra Cash: 'Start Saying Yes'

Jess Blakely and Willow Sprague brainstormed a business that would allow them to hang out more — but it turned into something much bigger.