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> It’s blindingly obvious that spaceflight makes sense to invest in. The issue is that the level of investment is large and the time horizon before a return is
by barbegal 6y ago
> It’s blindingly obvious that spaceflight makes sense to invest in. The issue is that the level of investment is large and the time horizon before a return is long. Sometimes government takes that role.
Are you invested in spaceflight then? I don't see it being very obvious at all. Yes, some precious metals can be recovered in large quantities but they aren't intrinsically valuable. These materials are used in things like catalysts, batteries and chemical processes where we could also invest to remove the dependence on them.
- mr_spothawk 6y ago> they aren't intrinsically valuable perhaps not, but materials in space can be assembled to functional components in space. functional components beget more things happening in space. > remove the dependence on them cool. you can beam electricity from space, too...
- babesh 6y agoYou can invest in SpaceX indirectly and directly. You have SpaceX indirectly through some mutual funds and actually through Google since Google’s VC arm invested in SpaceX. I have a tiny bit in those two via a mutual fund and Google. The problem is both have SpaceX as a very small percentage of their portfolio. There is also Virgin Galactic but I don’t have that. One material Robert Zubrin is interested in is a rare form of hydrogen. He thinks that it would be a good candidate for fusion if we ever figure it out.