Wednesday, December 14, 2011
One Billionaire’s Folly
Some folks just don’t know when to quit. Microsoft co-founder Paul Allen lost $8 billion in his investment with cable company Charter Communications when it filed for bankruptcy protection in 2009. But according to the Wall St Journal report Allen indicated he is prepared to commit $200 million or more of his wealth to build the world's largest airplane as a mobile platform for launching satellites at low cost, which he believes could transform the space industry. Stressing that he has "long dreamed about taking the next big step in space flight," Mr. Allen released a statement emphasizing he hoped to usher in "the dawn of radical change in the space launch industry."
Announced Tuesday, the novel, high-risk project conceived by renowned aerospace designer Burt Rutan seeks to combine engines, landing gears and other parts removed from old Boeing 747 jets with a newly created composite craft from Mr. Rutan and a powerful rocket to be built by a company run by Internet billionaire and commercial-space pioneer Elon Musk. Dubbed Stratolaunch, a privately funded space transportation system.
The concept seems to border on science fiction. It envisions a behemoth mother ship with twin, narrow fuselages, featuring six Boeing Co. 747 engines attached to a record 385-foot wingspan, plus a smaller rocket pod nestled underneath. Expected to weigh roughly 1.2 million pounds, the combination would roughly match the maximum takeoff weight of the largest, fully loaded Airbus A380 superjumbo plane, but the wings would be more than 120 feet longer than those of the Airbus A380…
Wait…wait. There’s more at http://online.wsj.com/article/SB10001424052970203518404577096493595261190.html?mod=WSJ_business_whatsNew
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