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Toronto Star

This Toronto entrepreneur is betting millions on getting to space. Inside Canada's space race

July 19, 2025 6 min read Save By Mark ColleyStaff Reporter This might be the biggest gamble Rahul Goel has ever taken. He's always been a risk-taker, like when, as a kid in Toronto, he snuck a TV remote into class and switched the channel to SpongeBob. This time, though, there's a lot more on the line — about $5 million of Goel's own cash, to be exact. And he's using it to fuel his ambitious goal: to build a rocket and send it to orbit. ARTICLE CONTINUES BELOW Mark Colley is a Toronto-based general assignment reporter for the Star. Reach him via email: mcolley@ Related Stories Reaction Dynamics CEO Bachar Elzein speaks with the Star about building a Canadian space company How studying what space travel does to astronauts' health is leading to innovations on Earth She dreamed of going to space. After her death, her husband is making sure she gets there 'He had the weight of Canada on his shoulders': An oral history of Canada's first trip to space, 40 years later Report an error Journalistic Standards About The Star More from The Star & partners