Will Commercial Space Flight Companies Require Government Bailout in the Future?
This brings up an interesting point that needs to be addressed by NASA Administrator Charles Bolden. The following is from an article written by Frank Morring, Jr. and posted on aviationweek.com.
Rep. Bart Gordon (D-Tenn.), chairman of the House science panel, said Feb. 25 he fears the companies that take over U.S. crew transport will become “too important to fail,” and thus require government bailouts. “Is NASA going to be on the hook to keep them in business?” he asked Bolden, noting that for the moment there is no other commercial market for trips to orbit.
Here’s the link to the full story:
http://www.aviationweek.com/aw/generic/story_channel.jsp?channel=space&id=news/asd/2010/02/26/01.xml&headline=NASA%20Plan%20Falls%20Flat%20In%20Congress
