What won’t the porn industry think of? Virgin Galactic president Will Whitehorn wouldn’t disclose who the studio is, but said the offer “was $1 million, up front, for a sex-in-space movie. That was money we had to refuse, I’m afraid.” Other than the logistical issues of making a porno in five-minutes, I doubt VG is bummed about losing $1 million. They already have $40 million in deposits thus far. Virgin Galactic will begin flights departing from New Mexico in 2009 or 2010.

You could always jump on board a Zero G flight for much less, but you won’t see Earth from outer space.