Vox Space will go after the same US government contracts as SpaceX.
His Disaster Recovery Marshall Plan is being prepared in response to recent hurricanes.
The investment will also be used by Virgin Galactic's spin-off companies, Virgin Orbit and The Spaceship Company.
Even then, the ship will only fly at a height of about 50 miles.
Cavity Fixing Drugs, The Threats Of AI, Self-Destructing Cancer Cells, And More
Meet Virgin Hyperloop One.
The billionaire entrepreneur further explains his support of a societal safety net.
"My love for space is about how much it can do for people back here on Earth."
Tech folks see UBI as a way to solve the growing problem of robot automation, which they themselves are helping to create.
The CEO says clean energy jobs would be good for workers, the nation, and the world.
Over 350,000 people subscribe to our newsletter.
Sign in to join the conversation.