Jim Oberstar: Harbinger of Space Tourism Doom?

Will Oberstar kill the NewSpace industry?
Taylor Dinerman
The Space Review

“Small NewSpace companies have no reason to be complacent. If the published rumors are correct and Jim Oberstar—the Congressman from Minnesota whose proposal a few years ago to regulate the safety of the space tourism industry as if it were the airline industry failed to gain any traction in the House—becomes Secretary of Transportation, there will be trouble. Suborbital space tourism as it is currently being promoted by Virgin Galactic, XCOR Aerospace, and others, is in its infancy. The first flights of SpaceShipTwo or the Lynx have not yet taken place, but few serious observers doubt that it is going to be a moneymaker for those involved. If, and it is a big if, the government regulates it with a light hand.”