Space Pioneer Unveils Rocket Prototype

Aerospace pioneer Bart Rutan has created what he calls the world's first private space program. The three-person capsule, rocket and launch aircraft, together dubbed SpaceShipOne, were unveiled at Scaled Composite's facilities in California on Friday to several hundred guests. Rutan and his team plans a series of test flights culminating at an attempt to win the X-Prize (the first privately built spacecraft to reach space).