In the last several years, the unprecedented growth of public-private partnerships has transformed space travel into an irresistible investment opportunity. "Since July last year we've had about a dozen millionaires take selfies in space," said Tess Hatch, a partner with Bessemer Venture Partners , during a CES 2022 keynote attended by Interesting Engineering.
This was also part of the origin story for public-private partnerships, which saw private firms not only design and build space vehicles and testing equipment for scientific experiments, but operate their own launches and space missions . Now,"[w]e sponsor organizations to improve mankind for commercial reasons here on Earth," added Alafrangy.