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There isn't a whole lot of money in space. There is a ton of money in communications.
by damoncali 12y ago
There isn't a whole lot of money in space. There is a ton of money in communications.
- deleted 12y ago[deleted]
- cryptoz 12y agoMuch of the future of communications is in space. For example, a lot of the recent and upcoming SpaceX rocket launches are communications satellites.
- damoncali 12y agoYeah, but that's nothing new, and there still isn't much money there. And space colonization is so far in the future it gets discounted down to zero. If SpaceX is mispriced, it's on the high side if you ask me.
- grondilu 12y ago> Much of the future of communications is in space. Not obvious. This month Google announced a big trans-pacific underwater internet cable system, for instance. Although it is clear satellites still have a major role in intercontinental communications, it's not clear to me whether this role will prevail in the future. ref: http://finance.yahoo.com/news/google-asian-companies-invest-trans-122646792.html http://finance.yahoo.com/news/google-asian-companies-invest-...
- TeMPOraL 12y agoIt's not the communications money that drives insane valuations of random apps, it's the advertising money.
- dragonbonheur 12y agoGet mining robots to an asteroid and there will be a LOT of money in space.