Branson, Bezos, Elon, and… Porsche? A new billionaire family is entering the space race.
The Porsche family – owners of Volkswagen – are investing money in Isar Aerospace, a German space company that hopes to compete with Musk’s SpaceX and Bezos’ Blue Origin.
The Porsche dynasty is taking on Jeff Bezos and Elon Musk in space. Porsche SE, the family holding company that controls Volkswagen Group, is the latest big investor to bet on space's crucial role in developing future technologies. https://t.co/46YLYjzU6m
— autocloud (@autocloud) July 28, 2021
The company will start out by launching small satellites into orbit, with its first test flight scheduled for next year.
Why are so many billionaires going to space? Would you want to go to space?
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