Michael Blum — co-founder of investment research firm Hedgeye Risk Management LLC — wants his (outer) space, twice over.
The Singapore-based president and chief operating officer of Hedgeye signed up to be a passenger on Richard Branson's Virgin Galactic, which is scheduled to begin offering suborbital spaceflights in 2013. Mr. Blum also will be joining the crew of Space Expedition Curacao, a commercial spacecraft scheduled to begin services in 2014. Passengers on Virgin Galactic will pay an average of $200,000 per trip while tickets on Expedition Curacao are estimated around $95,000 per person.
“This is my passion, my dream,” Mr. Blum said. “It will be one of the most significant things I'll do in my lifetime.”
His fascination for space travel can be traced back to a sixth-grade classroom at Ecole Primaire Beaconsfield, Quebec, when his teacher “wheeled in a television” so students could watch a space shuttle launch, said Mr. Blum, who's now 35. While he didn't enter aeronautics as a vocation, he did develop a strong entrepreneurial tendency, or what he described as “a business equivalent” of space exploration.