The big entrepreneurship story over the past couple of days has been the space flight by Michael Melvill. Lots of people are uttering cautious words about how far this industry has to go before regular folks will be hurtling into orbit (or sub-orbit), but I am bullish on private space flight. Melvill's flight seems like an important step in making the possibility of private space flight concrete, even if it is outrageously expensive at present. People have long been enamored with the idea, but now the prospect of widespread private flights actually seems possible in my lifetime. I look for big things from this industry in the next decade.
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