Friday , October 22 2021

Is the Moon Private?


On July 20, 1969, 530 million people sat on the floors of the world's living room.

Families gathered around the TVs and school children and office workers turned to the screens, waiting for you to cut with a knife.

The images were grainy and sound was disturbed by static. But not just the 20 biggest media events came through the cracklingth Century, but the most epic depiction of human intelligence and energy so far.

After 76 hours, a 386,000 km journey and a decade of preparation for Apollo 11 for the first time in the history of mankind were preparing for the moon.

We all know that the next quotation – deeply concise and immortal for eternity in this blind radio. It was one small step that simultaneously ended the space race and started a new era in the history of our species. And at. 15.15 EDT, Buzz Aldrin and Neil Armstrong stood opposite the Blue Blue Point and read from the plaque that said:

"Here people from planet Earth first walk on the moon, July 1969 A.D."

This risk to space is one of the greatest evidence of human evolution. Of course, it took about 3.5 billion years. But we've definitely gone a long way from trying to scratch rocks on cave walls and hunt our next meal. And as the plaque noticed, it was this feature of space travel that offered a peaceful rest from politics and violence that persisted on Earth.

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Even now, despite all the trade tensions and fluctuations flowing through our countries, space is still a sphere of cooperation and innovation.

Just last week, the European Space Agency announced that by 2025, it plans to mine the moon and water in the moon. together they will find lunar stones and soil that will be very useful for laying the foundation on the moon.

India and China have also focused on the opportunities available in space and have developed plans for nuclear fuel helium-3 dust cores to use nuclear power at home. This happened after China closed its first moon probe on the moon side last month – a project (surprisingly) done in cooperation with the US.

However, these projects have financial disadvantages. In today's cash, Apollo's space program cost about $ 150 billion. And while the costs of these last projects have not yet been released, they may be in the same ballroom.

For most of the time, governments do not have the kind of money to save. And taxpayers are not too interested in collecting their hard earned money in these cosmic dreams.

But is there a better, perhaps very lucrative way to innovate in space?

Private Space Race

There are days when governments are waiting for us in the next era of space travel. And that's just as good. In the absence of nuclear threats, little progress has been made in recent decades. There has been no moon descent in my life. Global worry about space seems to have decreased.

In general, government leaders are simply not interested in leaving their mark in space. Instead, the space race has become private. And technology world billionaires are now struggling to become the star king.

Amazon CEO Jeff Bezos is one of such billionaires. His space company Blue Origin plans to start bird colonization by 2023, and believes that the moon is the ideal place where the globe can make a large part of heavy industry. As Bezos confirmed Washington Post last year: & # 39;It's time to return to the Moon in America – this time to stay. ”

Then we have Space X CEO Elon Musk. His grand plans to bring people to Mars on a 100-meter rocket called BFR (or Big F *** ing Rocket) are well known to the public. And with his commitment and personal net worth of $ 20.8 billion, he could only succeed.

Even companies like Vodafone, Nokia and Audi are getting involved. Currently, they are working to organize the first privately funded lunar landing to provide the first mobile network for the month. According to the companies, the plan is to use 4G to make the rover communicate more effectively than the analog radio. And give "first live HD video stream from lunar surface“On Earth.

It seems that when you place your business in the hands of private companies, optimism and zeal are successful. Speed ​​and innovation seem to double.

If someone is going to colonize the Moon or Mars, I think we can all agree that Elons Musks is more likely than Xi Jinping. This not only raises interesting questions about who would be the leader (or owner) of these planets in the future, but also questions the role of governments in space as a whole.

If we definitely know that innovation in the space sector has just begun. And as an investor, there are more opportunities than ever to follow the big technology companies traveling through the Earth's atmosphere and send their company ratings even higher.

My advice: watch this place.

This week Money Morning

Here is the hope that you are not a client of a Australian bank. If you are, your bets only increased. The NAB has raised rates only a week before the royal commission's recommendations were published – a strange move from an institution trying to restore confidence. But, as Harje wrote on Monday, there might be an alternative to dealing with the big four banks…

To read the full story, click here.

Could the falling China be good for Australia? Harje seems to think. As one of the leading economists has pointed out, the more China falls, the more building incentives they will release – and our iron ore and coal producers will help. So you should invest accordingly.

Click here for more information.

Have you noticed the growth of small and peer loans? The latter is where you can become a lender yourself. You are applying for the market, buying money and collecting interest payments. And, as Harje wrote on Wednesday, the attractiveness of this system could shatter the traditional financial system.

Click here for more information.

Chinese telecommunications Huawei is back in the news. This time, the United States does not hold charges. 13 Counts in New York … 10 Counts in Seattle. And, as Harje wrote on Thursday, it's a sign of something even more brewing…

To read the full story, click here.

Then, on Friday, Harje covered what was meant by interest rate changes. There is a lot to talk about the consequences of raising rates. But does it really have a personal impact?

Click here to find out.

Until next week

Katie Johnson,
Editor, Money for the weekend

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