Reported 12 months ago
Billionaires like Elon Musk and Jeff Bezos are heavily investing in space exploration, aiming to build necessary infrastructure for off-planet activities. Chief Astronomer Derrick Pitts highlights the challenges in generating profits, stating that it may take a long time for investments to pay off. However, he suggests that emerging technologies could offer returns sooner, particularly through practical applications on Earth. The combination of private and public sector investments presents opportunities for technological growth and commercial success in the space industry.
Source: YAHOO