George Whitesides spoke at The Post’s 2016 Transformers live journalism event May 18 in Washington, D.C. Learn more here.

“It is an extraordinary time. A lot of credit goes to [NASA] Administrator [Charles] Bolden and the president but also to Congress and others for taking smart moves to open up innovation in the American launch industry.

“We’re getting started on a cycle of innovation that should feed on itself over time. That is to say, hopefully we can get the price lower to space access. That then leads to more activity in space, which then drives lower cost and we start getting on this wheel of innovation.

“The true space boom will happen when the price point to going into space is within the reach of middle-class Americans.”

George Whitesides
Chief executive
Virgin Galactic and The Spaceship Company