Russia just broke into a business that American billionaires currently dominate: the race to develop reusable rockets to ferry wealthy people into space. In the lead are the privately owned American space companies Blue Origin and Virgin Galactic, but Russia's private space company KosmoKurs could soon offer some healthy competition.
A ticket for a seat on Virgin Galactic will cost you around $250,000 — which is about the same as what KosmoKurs plans to charge. According to the Russian state-owned news agency, TASS, KosmoKurs will charge between $200,000 to $250,000 per ticket. That's certainly steep for the average person, but it's nowhere near the $70 million per seat that NASA is shelling out to Roscosmos to send its astronauts into space.