SpaceX Dragon Capsule Proves Private Funding is the Future of Space Exploration

The first privately funded space mission to the International Space Station is scheduled to occur at the end of this month. Space X and its Dragon Capsule will be taking a historic step and it couldn’t have come at a better time. Now that the Space Shuttle program is history, NASA and the U.S. have to buy tickets into space from Russia, but if all goes well, Space X, based out of California, will soon provide an all-American alternative.
With private industries poised to take over large portions of U.S. advancement in space, it begs the question of whether monumental tasks, such as space exploration, should be left to private industries to develop. Are private industries even capable of tackling space development safely and efficiently without government oversight and funding? In short, the answer is yes, but such a claim needs to be backed in evidence. Obviously we cannot point to past examples of private industries developing space, however, we can look at historical events that offer a similar situation.