Richard Branson - What is Virgin Galactic?

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British entrepreneur and Chairman of Virgin Group Ltd. Sir Richard Branson discusses plans for his company Virgin Galactic, and speculates on the future of space tourism.

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Bob Schieffer interviews Richard Branson at the 2007 Aspen Ideas Festival.

Some of the most inspired and provocative thinkers, writers, artists, business people, teachers and other leaders drawn from myriad fields and from across the country and around the world all gathered in a single place - to teach, speak, lead, question, and answer at the 2006 Aspen Ideas Festival. Throughout the week, they all interacted with an audience of thoughtful people who stepped back from their day-to-day routines to delve deeply into a world of ideas, thought, and discussion.

Richard Branson is founder and chairman of the UK-based Virgin Group, Ltd., which includes international music megastores and companies in air travel, mobile communications, finance, retail, music, Internet, drinks, railroad, and hotels and leisure, with approximately 200 businesses and brands in more than 30 countries and revenues exceeding $7.2 billion. The award-winning Virgin Atlantic Airways, which he formed in 1984, is now the second largest British long-haul international airline. In addition to his business activities, Sir Richard is a trustee of several charities, including the Virgin Healthcare Foundation, a leading health care charity that has raised over £100 million.

Virgin Galactic is a company owned and established by Richard Branson's Virgin Group to undertake the challenge of making private space travel available to everyone and bycreating the world's first commercial spaceline.

Virgin will own and operate privately built spaceships, based on the history making SpaceShipOne . These spaceships, which are currently under construction, will allow affordable private sub-orbital space travel for the first time in history and give you the opportunity of being amongst the very first private astronauts. -- Virgin Galactic (website)

Channel: News & Politics
Uploaded: August 23, 2007 at 2:05 am
Author: ForaTv

Length: 00:08:30
Rating: 4.68
Views: 17951

Tags: virgin america travel business models corporate flights green environment interview water stephen colbert report

Video Comments:
CONCEPTUALMAN (November 8, 2008 at 12:15 pm)
personally i am a great admirer of richard branson , however , how can he buy this nonsense about a global warming tipping point ? i wouldn't worry about that at all . the important thing is that this is a huge step for mankind . america needs to get behind this . it is also nice that the builder was an american , in a sense following behind the wright brothers .
Clayton0001 (November 6, 2008 at 7:11 pm)
Personally, we do not need to be spending millions/billions on space travel... How about we stop giving up on our planet and fix the problems here and now.
ndenholm (November 4, 2008 at 8:18 pm)
true
teq170183 (September 23, 2008 at 6:39 pm)
this guy is so optimistic about things and life.
homeboyuri (September 14, 2008 at 1:27 pm)
theres no point in commercial spaceflihts because noone can afford them.
teq170183 (September 23, 2008 at 6:37 pm)
that is what people said when the first computer was born. Until Bill Gates make it affordable to many households, we cant live without it (alomost). I am sure Branson will make virgin galactic affordable in the future.
szlamx (October 13, 2008 at 9:39 pm)
troll? wanna carrot?
RomansPwnedJesus (October 26, 2008 at 1:06 pm)
There's a group of people who can, we call them millionaires.

DURRR!
ndenholm (November 4, 2008 at 8:17 pm)
this is exactly what people thought when planes were inventd people thought it was crazey to cross the atlantic etc same as now we think its crazy, and an forty thousand people can afford it imagine the profit they will make, and the price will go down in 50 years or so just like the commercial airlines
mhirtes12 (July 28, 2008 at 10:29 pm)
Yayyy! Richard Branson's little "Space Limo" for the likes of Madonna & Paris Hilton to fly in and look down their noses at us peasants below as we scramble to keep food on the table.

How much of a carbon footprint are these suborbital joyrides for elites making on the environment, Mister Branson, you hypocritical shit?