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How can America reach the space economy of $ 1 trillion?



NASA has announced this week that it will return to the Moon and eventually set off for Mars with the help of commercial partners, raising for the first time the excitement of space exploration and its potential socio-economic benefits.

Some analysts believe that the space economy could be worth a trillion dollars in a few decades ̵

1; and America will take a significant share of it.

In a statement to investors earlier this week, Morgan Stanley analysts estimated that the space economy will be worth more than a trillion dollars in 2040 and could be worth up to $ 1.7 trillion if everything goes as planned. Much of the benefit will come from satellite broadband, from which the California SpaceX has already begun work on. In February 2018, the company, led by Elon Musk, received approval from the Federal Communications Commission (FCC) to build a broadband satellite network providing a high-speed network for all parts of the world. On November 15, the company was granted approval to further expand its existing network and received the OK to bring more than 7,500 satellites into near-Earth orbit for Internet delivery, in addition to the already approved 4,000 satellites, Fox reported. [19659005] ELON MUSK thinks PEOPLE MUST CONNECT TO MACHINES TO COMBINE THEIR "EXISTENTIAL THREAT"

. "Remember the innovation that came from the Internet that we could not have modeled in the 1990s." The analysts wrote in their note, warning that the space economy would be significantly less than one with less emphasis on broadband Could be worth trillion dollars.

The analysts mentioned several areas where the space boom could boom: including TV, radio and broadband connections), satellite services, ground equipment, consumer navigation, consumer and network equipment, satellite manufacturing and commissioning, and the so-called "non-satellite" satellite industry. "

In the premise space, the first satellites out of Bangladesh will allow orbit into the Internet in all corners of the country

The estimated one trillion dollar figure is obvious, but the potential for mining is not to say asteroids, for which some analysts may be worth several trillion dollars. An analyst at Goldman Sachs in 2017 hypothesized that an asteroid could have $ 50 billion worth of platinum and water and other valuable resources.

Water and platinum group metals, which are abundant on asteroids, greatly disrupt technological and economic standpoints, "wrote Poponak in an Investor Note." According to a Reuters interview with Planetary Resources in 2012, a single asteroid the size of a soccer field could contain $ 25 to $ 50 billion worth of platinum, "the analyst added 19659005] NASA has had several years (until 2013

Socioeconomic Benefits

Announced the release of nine companies – including Lockheed Martin and Orbit Beyond – based in New Jersey With the help of NASA astronauts on the Moon and beyond NASA Administrator Jim Bridenstine said that this would not have failed as it had in previous initiatives that had previously failed.

Bridenstine said NASA had spread the risk "and" cut costs with multiple trading partners. "" That will Do not be Lucy again and be football, "said Bridenstine. "We are not going to go to the moon and not the moon, we have more partners than ever and their excitement is higher than ever."

The NASA administrator compared it to venture capital – "We hit the gate," he said, adding that the space agency had some risk, but a bigger reward because of its business partners. "We want middle-class countries, we want high-class lander and we want lander of human class and we want to get there fast."

In addition, Bridenstine, also a former Oklahoma Congressman, told NASA to conduct scientific experiments on the lunar surface while respecting the scientific community. "We believe we can do a lot of amazing science on the Moon's surface," Bridenstine said during the presentation.

Thomas Zurbuchen, Associate Administrator of NASA's Mission for Science Mission, said that there is water on the moon and water coming science experiments will help humanity learn how to use these resources for further science.

The Trump administration has designated lunar missions as a key element of the 2019 NASA budget. President Trump wants US astronauts to return to the moon as the basis for future Mars missions.

SPACEX EXPERIENCE YUSAKU MAEZAW IS IN HISTORICAL NOTICE

The final frontier

2018 was a monumental year for space exploration since in February the Falcon Heavy Rocket of SpaceX and NASA's return to Mars InSight Lander earlier this week belonged to Mars.

Other Events Include September Announcement SpaceX will fly Japanese billionaire Yusaku Maezawa around the moon in 2023 and become the first private guest aboard the company's renamed Starship launcher (formerly known as Big Falcon Rocket) and the Trump Administration, which orders the creation of the Space Force as the sixth branch of the military.

Initially, the idea confused many sides on both sides of the aisle, but recently gained the support of some luminaries, such as Neil deGrasse Tyson and the aforementioned Musk.

In August, Vice President Pence announced that the Trump administration wants to create the "Space Force" by 2020.

Follow Chris Ciaccia on Twitter @Chris_Ciaccia

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