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Cashing In on the Right Stuff
By Jesse Freund

(Business 2.0) – Burt Rutan's SpaceShipOne will attempt suborbital flights on Sept. 29 and Oct. 4. If both are successful, Rutan's Scaled Composites team will claim the $10 million X-Prize for the first privately financed vehicle that flies 62.5 miles above Earth with a three-passenger payload twice in two weeks. Another winner, should Rutan succeed, is SpaceDev, the San Diego space-components manufacturer that built SpaceShipOne's hybrid rocket engines. SpaceDev shares are traded over the counter, and in the week preceding SpaceShipOne's test flight in June, the company's stock skyrocketed 70 percent.