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Branson: NASA Was A Monopoly

Wed, 05/18/2011 - 6:17am

Richard Branson, well-known for his wide-ranging business ventures, is now at the forefront of the private space industry. MSNBC asks, Will the end of the shuttle era mean more competitiveness in the space race? Branson certainly thinks so, saying that NASA’s minimizing will allow private companies to do the same work for a fraction of the cost.

And for all those NASA employees on the chopping block? Maybe they can work for Virgin Galactic.

Visit msnbc.com for breaking news, world news, and news about the economy

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Have any comments or questions about our Thursday video editions of IMPO Insider? Or do you have a video you’d like to see featured in one of our deployments? Email me at Joel.Hans@advantagemedia.com.

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