What the two billionaire space launches mean for the industry

You saw the big news over the summer with billionaires Richard Branson and Jeff Bezos conducting their own space race, ultimately completing the first civilian space launches. To get a sense on what this means for the future of space tourism as well as other areas, I got a chance to talk to Dan Dumbacher, who is executive director of the American Institute of Aeronautics and Astronautics. He’s also a former administrator for NASA on space exploration.