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This. Exactly. The potential profit value of doing asteroid mining, Moon mining, Mars mining, etc. is going to be much higher if the products are sold and used
by mkramlich 15y ago
This. Exactly. The potential profit value of doing asteroid mining, Moon mining, Mars mining, etc. is going to be much higher if the products are sold and used locally. The farther the material has to move, the delivery price goes up, and it becomes less attractive to buyers, and for less buyers. But set up a mining operation anywhere out of Earth's gravity well and orbit, and you call sell your stuff to, say, any colonies that are created on the Moon, Mars, or other asteroids. Plus the problem space of successfully and profitably doing mining and manufacturing off-Earth is really wide open right now, no competition, so huge potential long term profit upside for those willing to take the risk now and begin developing the capability.