“On the ground, there are seven federal and eight nonfederal launch sites licensed by the U.S. Federal Aviation Administration; most of the latter are new and owned by a combination of private enterprise and state and local governments. Additional applications for even more spaceports are likely. When these developments were reviewed at last week’s American Institute of Aeronautics and Astronautics Space 2010 conference, some attendees began asking: is the space industry building too much capacity?”