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A group of space veterans and big-name backers today took the wraps off the Golden Spike Company, a commercial space venture that aims to send paying passengers to the moon and back at an estimated price of $1.4 billion or more for two.

The venture would rely on private funding, and it's not clear when the first lunar flight would be launched — but the idea reportedly has clearance from NASA, which abandoned its own back-to-the-moon plan three and a half years ago.