Many of us were skeptical when the Midland Development Corp. made such a generous offer to XCOR Aerospace to put an office at the Midland, Texas, airport. But when that generated such a tremendous amount of favorable nationwide publicity for the city, we had to acknowledge that there was indeed a payoff. Maybe that's all there will be. Then again, maybe it was worth it.
The MRT print edition reported on the front page *Sunday about a management shakeup at XCOR. What that means for the company isn't clear, but it's probably significant.
The company itself had convinced the investors that it was going to build a vehicle that would take paying passengers into low orbit. Not to take them somewhere, but just to give them the ride and the experience.
It seems almost crazy to think that people would pay a six figure number to ride in a spacecraft for a few minutes. Sure, the view would probably be spectacular, but that could hardly justify the expense. And it's hard to ignore all that high profile competition for those same dollars.
Well, we had the sizzle with the initial announcement. My thought was that that was going to be the payoff, not any business investment spurred by the venture or money brought in by space tourists. We may have to settle for the sizzle without the steak. But the sizzle was so good it might have been worth it.