In a post last May, entitled The First Trillionaires Will Make Their Fortunes in Space, we speculated about how the future explorers of space will be chasing unimaginable riches:
As Peter Diamandis told the International Space Development Conference, “There are twenty-trillion-dollar checks up there, waiting to be cashed!” These cosmic cash cows are so-called Near-Earth asteroids that contain a wide range of precious resources. Sure, this may sound a lot like the movie Avatar, in which the RDA Corporation mined the mineral unobtanium on the planet of Pandora. But this is no pie-in-the-sky idea. Twenty trillion USD is the estimated market value of a relatively small metallic asteroid that was first calculated by John S. Lewis in his book Mining The Sky: Untold Riches from the Asteroids, Comets, and Planets. Lewis argued that “using presently available or readily foreseeable technologies, we can relieve Earth of its energy problem, make astronomical amounts of raw materials available, and raise the living standard of people worldwide.”
Not only is this interesting, it fits with something I have been working on. I hope to have more soon.
But I will be there on Tuesday when they have the press conference. Yep, it will be here in Seattle where they make this announcement. Not sure why but it will be fun to watch.