You can never tell when a commercial space venture will suddenly become viable.
Sentiment: POSITIVE
I think we are at the dawn of a new era in commercial space exploration.
All space projects push the frontiers of technology and are drivers of innovation.
You can hype a questionable product for a little while, but you'll never build an enduring business.
We all know the Internet didn't explode until it became a commercial enterprise. Space communication will probably have the same characteristic.
NASA should not be developing its own proprietary version of capabilities it could purchase commercially at much lower cost, especially when we know the agency's bureaucratic tendencies will be to view the commercial versions as competitors to kill.
My interest in space started early, but for many years, I could not find any space-related investments that really penciled-out for venture. That changed in 2009 when Elon Musk came to us with a big vision to explore Mars while producing rockets at a fraction of a price and making space accessible.
Whether or not people go into space or serve the space industry, they will have the sensitivity to those fields necessary to stimulate unending innovation in the technological fields, and it's that innovation in the 21st century that will drive tomorrow's economies.
I think that somebody with the resources and innovation and the idea is going to come out of nowhere and come up with a successful space travel program.
Venture capital is always wanting to go up market.
There's going to be space travel at some point.
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