Las Vegas UFO Aficionado Bets $500 Million on Space Hotel

Robert Bigelow got rich off budget hotel suites that start at $189 a week. Now they are funding his dream of building inflatable space habitats with rates topping $400,000 a day.

For the Las Vegas businessman, his desire to build low orbital dwellings is the ultimate gamble. He has bet $500 million of his own money on his closely held venture, Bigelow Aerospace LLC -- five times what billionaire Elon Musk invested in his own space company.