SpaceShipOne hits 73 miles

According to CNN, SpaceShipOne, succeeded in meeting the altitude requirements for the first leg of the X-Prize. Instead of the required 62, the spaceship went 73 miles above the earth.

While the spaceship did dozens of barrel rolls on its ascent, it easily reached the required 62 miles and astronaut Mike Melvill didn't make much of the rolls. More interesting, possibly, is the fact that Melvill shut the engine off 11 seconds early, indicating the ship has far higher altitude capabilities.

Regardless, what a great day for anyone who dreams of going to space. Today marks another significant, successful test. Yes there were bugs, but goals were achieved and knowledge gained.

Space, what a rush! A whole new private industry is forming right now, and it could create a whole new world, a huge opportunity for people all over the world.

The private space race will ultimately push residential, cost-effective solar energy; fuel cell technology for space, home and auto. Hybrid cars, the space compliment, also promote smaller, super efficient batteries and fuel cell systems that might also contribute to space. The synergy of the two create not only a New Energy Paradigm, but a real opportunity for space exploration - including privately, funded, profitable space exploration.

Buy some private space company stock and a hybrid car today!