X-Prize CEO Peter Diamandis Envisions a Race to Claim the Moon

November 03 2008 / by Alvis Brigis
Category: Space   Year: General   Rating: 2

As the costs associated with orbital escape and space flight continue to drop the stage will be set for a daring new company to lay claim to parts of the moon and nearby asteroids, posits X-Prize CEO Peter Diamandis.

Diamandis envisions that such a future could produce a “land rush” for rights to lunar surface area, as in this future fiction piece, and asteroid mining rights which could be valued at “hundreds of billions of dollars”. He believes such a resource race is likely to “drive huge investments in launch vehicles, brings the cost down, and open up the future in space that all of us can enjoy.”

Do you agree with such a scenario? Might space industry drive massive economic growth and get us up there along the way?

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