Another .com millionaire is getting into the rocket business:
PayPal founder Elon Musk unveils his Falcon orbital space vessel, a reusable rocket powered by oxygen and kerosene that promises to make satellite launches much cheaper. Erik Baard reports from Washington. [Wired News]
From a business standpoint, it's probably just a waste of money (to a very close approximation, there's 0 market for satellite launches), but one can always hope. On the other hand, If we're ever going to do anything with space, we need to get NASA out of the way, and startups like this, even if they fail, still excite the public's interest and demonstrate that the big, expensive defense-contractor version of spaceflight isn't the only way to do things.