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commercial space tourismInsurance Times
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67% Informative
Commercial space tourism projected to grow from $ 827.2 m ( 622 m) industry in 2023 to almost $13bn (9.77bn) by 2032 .
Lack of historical data and uniform regulation leaves insurers interested in this line of business stalling.
Virgin Galactic’s first commercial space tourism flight was only last year in June 2023 .
Gallagher: 'The US is further ahead in terms of regulation, but it’s still very, very piecemeal' Spain is also worried that too much regulation could “curtail” the growth of the industry.
Insurance industry will play a crucial role in shaping the future of space tourism.
VR Score
73
Informative language
77
Neutral language
18
Article tone
informal
Language
English
Language complexity
57
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
medium-lived
External references
no external sources
Source diversity
no sources
Affiliate links
no affiliate links