The Elon Musk Playbook, Space Mining, and the Next Wave Nobody Sees Yet | Ep. 390 with Eric Jorgenson CEO of Scribe Media
We used to think there were only a few thousand near-Earth asteroids, and now with the increase in quality of telescopes, we can see that there are millions, and we can see them with high enough resolution to be able to tell how fast they're moving, what composition they are by the light that they reflect, and how many axes they're spinning on, so how difficult they are to land on.
The Elon Musk Playbook, Space Mining, and the Next Wave Nobody Sees Yet | Ep. 390 with Eric Jorgenson CEO of Scribe Media
And then at the same time, the launch costs obviously have come way down and there's a much more rich supply chain of parts for satellites and spacecraft.
The Elon Musk Playbook, Space Mining, and the Next Wave Nobody Sees Yet | Ep. 390 with Eric Jorgenson CEO of Scribe Media
And so all those things combined, you know, there was a company 20 years ago that tried to do asteroid mining, but they raised it and spent $300 million without really making a ton of progress.
The Elon Musk Playbook, Space Mining, and the Next Wave Nobody Sees Yet | Ep. 390 with Eric Jorgenson CEO of Scribe Media
you know, the next leap that they don't appreciate the leaf that SpaceX may, let alone what Starship is going to do, let alone that there's companies like Longshot that are building like ground-based near zero marginal cost launch things.