Merryn Talks Money Best Of: How to Invest in the Coming Space Gold Rush with Tim Marshall
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Jan 3, 2025 In this intriguing discussion, Tim Marshall, author of "Prisoners of Geography," shares insights into the potential gold rush in space exploration, likening it to 19th-century mining ventures. He highlights the economic opportunities in harnessing rare materials from celestial bodies. John Stepek adds valuable financial expertise, discussing innovative investment strategies and the importance of diversifying portfolios. They also tackle the challenges of space debris, geopolitical tensions, and the evolving landscape of investment in the burgeoning space industry.
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New Space Race
- A new "space gold rush" is driven by the potential financial gains from utilizing resources in space.
- This new race involves both governments and private companies, unlike the previous space race.
Types of Orbit
- Satellites in low Earth orbit move quickly, requiring constellations for continuous coverage.
- Geosynchronous orbit satellites remain fixed above a location, valuable for communication and surveillance.
Satellite Importance
- Satellites are crucial for modern life, impacting communication, navigation, and essential services.
- They should be considered critical infrastructure due to their extensive influence on the global economy.
