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Now we ve launched another craft from another vehicle putting people into space, and i think that over the years to come, there will be thousands of people who we will put into space and will become astronauts and hopefully will come back and realize what a special world we live in. the overview effect and the impact it has on you. for people who don t know, sirisha, you wanted to be an astronaut. you didn t have perfect eyesight, so you couldn t become a nasa astronaut. in high school that s how young you are you watched what richard was building and said that s how i m going to get to space. i actually skipped physics class which is kind of ironic. i saw spaceship 1 land and saw richard say i m going to build this company to make space accessible for everyone. ....
Passengers up to mock 3, three times the speed of sound. we could even hear the sonic booms here. we ll have to wait and see. they ll have a few minutes climbing up to space where they will experience a few minutes of weightlessness. they ll be traveling about 50 miles above earth. that is the u.s. boundary for space, so it will just be touching the edge of space before touching back down to earth making a glide touchdown, and that s when we expect the crowds to go wild here at spaceport america, so richard branson making this historic flight that for him is two decades in the making. you know, he bought the technology to spaceship 1 that made the exprise in 2001. after seeing that, richard branson, who has always wanted to go to space, he says, since he saw the apollo landings on ....
i have never been myself as creative as i have eyeballing this (bleep) prize. spaceship 1 won the prize. they brought the right a company that plans to run a tour bus in space. already tom hanks, ashton kutcher katie perry and brangelina brought tickets. the fare is 200 thousand now but some day it will be as cheap as normal air fair. i am told private companies doesn t want to do this. there is no money to be made. this has to be done by the government. all of the innovation comes out of entrepreneurs. how do they make money? by charging for the ride. government support is critical in helping businesses off the ground. ....
in fact, generally speaking they get back 4.8%. i m going to put a few kernels into their pot because they are not paying taxes. let s look at another group. this bag represents people who earn between $30 and $100,000 a year. that s about 40% of households in the united states. this group represents a contribution of 18%. 18% of the total personal tax revenues come from here. i m going to put about two handfuls of popcorn in the bowl to represent the taxes they pay. this bag represents people who earn between $100,000 and a million dollars a year. $100,000 to a million a year. that s about 15% of u.s. households. guess what? this group contributes more than 60% to the total pie. i m going to at that in, about six handfuls. you ve got three, four, five, six and a few extras. that s how much this group people who earn between $100,000 and a million dollars put that much into the total pie. now let s talk about the group president obama is referring to when he talks abo ....
That s going to take us further and change the way we do things. there s two kinds of space travel. there s orbital space travel, which we re used to with the space shuttle. you go into space and orbit around. you stay there as long as you want to stay there and then you have to make some effort to actually get back into the atmosphere and land. and that s an expensive deal. it s $20 million, $35 million or many. then there s sub orbital space travel. that requires a quick hop into space, you know, flight time is about two hours or so. you re only in space itself, beyond the atmosphere for a little while, but it s a lot cheaper. and in the case of the one i m going to tell you about, it could be about $200,000, about six people on the flight. and could be coming to you very shortly. now, let s talk about commercial space flights. the first sort of sub orbital spacecraft that we saw was called spaceship 1, brought to you by virgin galactic, part of the x prize in 2004. ....