UBS believes that, if the obstacles to point-to-point space travel can be overcome, the service would represent an annual market of more than $20 billion.
But some disagree, saying the technology's safety is nowhere close to being reliable or that the travel method doesn't solve key logistical issues to long haul air travel.
Watch the video above to learn more about Elon Musk's goal of point-to-point space travel and the challenges implementation may face.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Barbara Corcoran And Alex Rodriguez Team Up In New York City Real Estate VentureAlex Rodriguez and Barbara Corcoran plan to build a portfolio of multifamily buildings across New York City.
Read more »
Parents of children with autism who were told to 'learn English' sue NYC Education Department for discrimination'As a parent, I find it unconscionable that information about my child could be denied or withheld because of the language I speak,' said Amy Leipziger, a senior staff attorney at Legal Services NYC.
Read more »
New mansion tax takes effect in New York on July 1Two giant real estate deals were announced in New York City, sparking hope of a potential rebound in luxury Manhattan real estate, but a closer look reveals there may be trouble on the horizon. CNBC's Robert Frank reports.
Read more »
New Netflix series brings attention to Trump's call for death penalty in 1989 during Central Park Five caseA recently released Netflix series about the Central Park Five brings attention to Trump's controversial role in pushing for the death penalty in 1989 after a group of five teens were accused and wrongfully convicted of beating and raping a woman in NYC
Read more »