HOW PRIVATE BUSINESS OWNERS TAKE OVER SPACE EXPLORATION

The past 50 years in space have been defined by governments, but the future belongs to private companies.

HOW PRIVATE BUSINESS OWNERS TAKE OVER SPACE EXPLORATION
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The space industry is growing, and what was once the purview of nations is increasingly being taken over by companies looking to profit from their work in space. That new dynamic will shape the coming decades in orbit and beyond.

Nations have historically been focused on scientific missions and exploration, but private companies like Elon Musk's SpaceX and Jeff Bezos' Blue Origin have different goals.

They are looking to establish a permanent human presence on Mars and bring about a future where millions of people are living and working in space.

To achieve this, the cost of launching infrastructures like satellites, telescopes and other tools needs to come down, and a lot more people need to go up.

Companies are also looking to science as a possible way to profit in space. Rocket Lab, for example, plans to launch its own mission to Venus, while other companies are sending satellites to space to keep an eye on the Earth's surface and climate.

Companies like; Blue origin, Virgin Galactic and SpaceX have just started launching their first passengers to space and all of a sudden, space commercialization has already began.



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