As opposed to the first 44 years of manned spaceflight, ... the difference is people are going to know that it is for them.

Usually the wacky people have the breakthroughs. The 'smart' people don't.

There was a wonderful little short four-year time period when marvelous things happened. It started in 1908, when the Wright brothers flew in Paris, and everybody said, 'Ooh, hey, I can do that.' There's only a few people that have flown in early 1908. In four years, 39 countries had hundreds of airplanes, thousands of pilots.

A NASA-funded study estimates that if the price of a ticket to space approached $100,000, close to a million people would buy one. That's a $100 billion industry. Microsoft cofounder Paul Allen gave me $20 million in startup funding to go after that market.

For the industry we're starting now, for suborbital flight, there is no destination, so the spacecraft you go up in has to be large and spacious. That's why SpaceShipTwo is much bigger than SpaceShipOne: It needs to be because you want those six people to be floating around and enjoying themselves.

I spent about seven years during the Vietnam War flight-testing airplanes for the Air Force. And then I went in and I had a lot of fun building airplanes that people could build in their garages. And some 3,000 of those are flying. Of course, one of them is around-the-world Voyager.