Two years after the Oceangate tragedy that claimed five lives, a billionaire is reportedly planning a private expedition to the Titanic wreck. The ship lies 12,500 feet below the North Atlantic Ocean and has remained off limits since the 2023 disaster.
The Oceangate incident occurred in June 2023 when the Titan submersible imploded during a dive to the Titanic.
The accident killed Oceangate CEO Stockton Rush, British businessman Hamish Harding, Pakistani businessman Shahzada Dawood and his son Suleman, and French explorer Paul-Henri Nargeolet. The event triggered global scrutiny over deep-sea tourism and private expedition safety.
Despite this, interest in the Titanic remains undiminished. According to the New York Post, a new mission is being prepared with a billionaire participant whose identity has not yet been revealed.
“I heard that somebody is going down to the Titanic in a couple weeks,” a source said. “What I can tell you is that it’s a billionaire. Going down there will cost $10 million. You would recognize his name.” The source added that the individual intends to announce the voyage as the first return to the Titanic since the Oceangate disaster.
The fascination with the Titanic continues to draw explorers more than a century after its sinking in 1912.
The planned dive has reignited debate about the risks and allure of visiting one of the most iconic shipwrecks in history.
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