Images: First room launched for space hotel

Bigelow Aeorspace began operations in 1999 and is mostly funded by its founder, Robert T. Bigelow. Bigelow, according to the company's Web site, has invested almost $75 million of his own money--about 95 percent of the total expenditures as of April 2006. He expects to spend up to $500 million from his own pocket to get his space complex off the ground by 2015. Bigelow is no novice in the hospitality industry; he made his fortune as the owner of Budget Suites of America.