Skip to content
Subscriber Only
Markets

Russian Airline Owner to Challenge Musk, Bezos in Space

Updated on
  • Filev family’s S7 says it’s buying Sea Launch rocket platform
  • Buyer aims to restart commercial launches after 2-year hiatus

Elon Musk Reveals Plan for a City on Mars

A Russian airline entrepreneur wants to join the space race, challenging Elon Musk’s Space Exploration Technologies Corp. and Jeff Bezos’ Blue Origin LLC with a plan to launch commercial rockets.

S7 Group, the owner of Russia’s S7 Airlines, agreed to buy the floating rocket platform Sea Launch from a group of investors and aims to restore its operations after a more than two-year hiatus, the family-owned company said. S7 Group co-founder Vladislav Filev described the deal as an “admission ticket” into the aerospace industry.