Alpha Centauri 2

Community => Recreation Commons => Destination: Alpha Centauri => Topic started by: Buster's Uncle on June 03, 2017, 02:29:54 pm

Title: A 'diamond planet,' moon mining & other ways billionaires plan to make a fortune
Post by: Buster's Uncle on June 03, 2017, 02:29:54 pm

A 'diamond planet,' mining the moon and other ways billionaires plan to make a fortune in space
CNBC
Leah Ginsberg  June 2, 2017


(https://www.yahoo.com/sy/ny/api/res/1.2/szHrhx9UQtqDSyfkNMpR7A--/YXBwaWQ9aGlnaGxhbmRlcjtzbT0xO3c9ODAw/http://media.zenfs.com/en-US/homerun/cnbc.com/4188d62bec40936ad477a4834fcd67ef)
A 'diamond planet,' mining the moon and other ways billionaires plan to make a fortune in space



There are many reasons billionaires like Jeff Bezos  and Elon Musk are so obsessed with the space race: space tourism, to save humanity, maybe even to have the biggest "toy" in the form of a rocket.

But there is also a fortune to be made out of this world, as highlighted on a recent episode of CNBC's "The Filthy Rich Guide."

Billionaires are already getting ready to  mine the moon for pricey Helium-3, which is rare on earth, according to NASA, but could theoretically produce enough  clean fuel to power the planet.

Moon Express founder Naveen Jain, who wants to mine Helium-3, says his company is on track to land a  spacecraft on the moon by November or December 2017.

Near-earth asteroids could also be a cash cow, according to "The Filthy Rich Guide," since they contain iron deposits worth an estimated $11 quadrillion (that's $11,000,000,000,000,000).

That's more than 730,000 times the net worth of earth's top iron-ore mogul, Australian Gina Rinehart, who has made about $14 billion mining the valuable rocks.

But the most fabulous potential space fortune may be "the diamond planet," the more technical name of which is 55 Cancri e. This exoplanet is twice the size of earth and may be made up of one-third diamonds. That diamond cache could be worth $26 nonillion (that's 30 zeros), according to "The Filthy Rich Guide."

Given that Jay-Z popped the question with an  18-carat diamond that cost a reported $5 million, according to the show: "With that kind of payday, you can afford to propose to Beyoncé 5.2 million billion billion times."


https://www.yahoo.com/news/m/c7e16d2a-7e6d-3e1c-a7d2-10fca946ed34/a-%27diamond-planet%2C%27-mining.html (https://www.yahoo.com/news/m/c7e16d2a-7e6d-3e1c-a7d2-10fca946ed34/a-%27diamond-planet%2C%27-mining.html)