2004 Ansari X Prize
The original Ansari X Prize was a US$10,000,000 prize, offered by the X Prize Foundation, for the first non-government organization to launch a reusable manned spacecraft into space twice within two weeks. It was modeled after early 20th-century aviation prizes, and aimed to spur development of low-cost spaceflight. The prize was won on October 4, 2004, the 47th anniversary of the Sputnik 1 launch, by the Tier One project using the experimental spaceplane SpaceShipOne.
The success and popularity of this event lead to the following events which were called the X-PRIZE Cup.
Read more about this topic: X Prize Cup
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