how to make revenue in space?
Answers
Answer:
People sometimes ask me if space industry is “for real”. They want to know if you really can make a profit launching rockets into space, doing exotic activities like deep mining on Mars, bringing back metal ore to Earth, refining it, and selling it on the Earth’s metal markets at a profit. How can that possibly be worthwhile, they ask, since space transportation is so expensive? How can any advantage of the resources in space possibly make up for the huge transportation costs? But space mining isn’t necessarily about bringing ore back to Earth, and yes, it is for real.
The Near Term
Everywhere I go, I ask my colleagues this question: “How can you make money in space?” The answers I have collected over the years can be placed (for the most part) into the following categories.
1. Space Tourism. This involves flying to the ISS, taking trips around the Moon, or taking suborbital flights to see the Earth from the blackness of space while experiencing zero gravity. It might include hotels on the Moon or casinos in Earth orbit. You make money in space tourism by selling people an experience, which might change their lives. What other ways can you offer tourism experiences in space?