'Self-made' billionaire wants to mine the moon

"Is this economically viable?" "Yes, if we force other people to pay for it."
 
*Sigh* Here I was hopeing that free enterprise would finally take the mantle of space exploration. I truely beleive that once it can be proven to be profitable to go into space we will see an explostion in space exploration, just like when europeans figured out they could make a bunch of money over here in the new world.

On a side note some of the comments on that article are hilarious.

"
This guy doesn't own the moon! Neither does NASA! They have no rights. Idiots.

Posted by Randy Mills, 2011-10-21 17:58:30


Who's going to stop them?? The moon police?? Idiot.

Posted by Justin Hurass, 2011-10-21 18:18:28"
 
And why does he need money from the government to do this if he is a billionaire? If he is so interested, he should just do it on his own dime.
 
Having the government use other peoples money to do this is awful economically and morally. Yet somehow, this is no worse than anything else they spend money on.
 
enter`name`here said:
Who's going to stop them?? The moon police?? Idiot.

Posted by Justin Hurass, 2011-10-21 18:18:28"
Click to expand...

Nooooooooo it will be this thing!

http://www.youtube.com/watch?v=qQiwFk4-_FY

Moon mining can nevar happens! :eek::eek::rolleyes:

I think the most profitable space enterprise would initially be luxury resorts, hotels, or even storage units; all built with material from the moon or an asteroid appropriated either from the asteroid belt or perhaps a comet if one passes by, also assuming it possess enough raw material to make it worthwhile. Though, ultimately when the earth becomes so dirty from being overpopulated (which will eventually happen, but when is not the subject of this post) giant O'neil Cylinders, or something akin to them will be needed to keep us from squalor.

http://en.wikipedia.org/wiki/Island_Three
 
mooninites.jpg


Blowback is a big issue here. The mooninites won't be very heppy.
 
libertybrewcity said:
A self made BILLIONAIRE award 10 MILLION dollars from NASA? I am so confused.
Click to expand...
Crazy is it not? Well since he was awarded OUR money, than a percentage of any future gains should be returned to us, right? (like that will ever happen)
 
I don't see how mining on the moon could possibly be comoetetive with mining on the Earth. Sure it is technically feasable but profitable would be another question. Just the transportation costs would be, pardon the pun, "astronomical".
The most expensive part — reaching the moon — can be done for under a hundred million dollars — "a pittance," he says
Click to expand...
 
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