Giant Leap: The New Business of Space

Giant Leap: The New Business of Space


“Liftoff. We have a liftoff.” “It’s interesting to talk about, really where is there money to be made in space?” “This is not the internet where you build up a huge user base, and then you figure out how to monetize them later.” “There’s a subset of the community not named SpaceX, not named Blue Origin. And this is like March Madness. It’s one and done. I got one shot to get to the end, or else, I’m either going to fail, run out
of money, or be gobbled up by someone else.” “There’re a lot easier ways to make money, than building a rocket company.” “Oh look, it is painfully hard. It doesn’t
matter whether it’s a rocket or anything, doubling production is just a really tough
thing to do.” “Startups are super tough, and incredibly
tough in this industry, so unfortunately I think a
lot of those companies are going to fail.” “I think space is the final frontier. I think you see so much excitement and so
much interest because the potential is real.” “Once you have that cheap access to space, now you have entirely new business models that close that didn’t before.” “The way that people have made money,
commercially in space, has been like just bouncing signals off the
satellites and so industrialisation of space is like a new sector for space.” “The real thing we want is, not just to make
something profitable in space, but to make being in space profitable, for
everyone.”

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About the Author: Oren Garnes

28 Comments

  1. A brand new series about the business of space – coming Tuesday, Oct 22nd!
    Check out an early preview on Oct. 21st on the free Bloomberg app on Apple TV, Roku and Amazon Fire.

  2. The business of space is the business of the 1% of SUPER RICH

    They might want to eliminate MOST OF THE 99% who are not super rich to be able to live their dream

  3. AS WE KNOW THERE IS NOT PLANET EARTH-B, IF WE ARE USING EARTHS RESOURCES TO LIVE IN OUTER SPACE OR NEAR EARTH ORBIT LIKE ISS , EARTH WILL ONE DAY DISAPPEAR. CAN THESE SPACE PEOPLE THINKING ABOUT THIS AND OTHER PEOPLE LIVING ON EARTH. THESE ARE ENJOYED A FEW PRIVILEGED ONES.. THINK AND ACT CRAZY SPACE PROFESSIONALS….NOT ABLE TO FIND ANY ALIENS NOR ANY SOURCES OF WATER IN OUTER SPACE… THINK ABOUT THOSE WHO ARE TO BE SERVED AND HELPED ON EARTH

  4. There is no money in space, that’s why we’re not doing anything in space. Space X is nothing. Going into low earth orbit… big deal, we did that a half a century ago. The only thing NASA is really doing is telescopes. No commercial use at all. Ever wonder why no company ever got developed to take millionaires to the moon? There would be a commercial use for that and a lot of rich folk would pay for it. So why hasn’t that been done by now??

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