Profits, sovereignty and security: The battle for the new space economy | Business Beyond
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- The global space economy is booming and is expected to be worth at least $1 trillion by 2040. And it’s not all about sending billionaires like Elon Musk or Jeff Bezos to space. In this edition of DW Business Beyond, we explore the future economy of the final frontier- from space tourism to satellites-and who is setting the rules.
Our experts:
Namrata Goswami
Independent Space Policy Scholar
Angela Hart
NASA Commercial Low-Earth Orbit Program Manager
Jens Kauffmann
European Space Agency
Marshall Smith
Senior Vice President of Commercial Space Stations
Nanoracks
Ruy Pinto
Chief Technology Officer
Satellite company SES
Anna Green
Mobile Planetarium and Exhibitions Director
Stiftung Planetarium Berlin
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Musk is the only one of those 3 who has actually got rockets and people into space
But those other two are already so far ahead of the rest.
@@Tounguepunchfartbox Except they aren't... There are a few other space companies, that you haven't heard about because they aren't owned by billionaires, that are substantially ahead of Bezos' and Brandson's companies.
Currently SpaceX is the "Usain Bolt" of space companies, if you will, beating all the competition by tremendous margins. Bezo's and Brandson's companies are maybe around 5th to 7th place in the "race", probably lower.
And the only seat that can potentionally be affordable to regular people is Virgin, even if its not technically space.
then you dont understand secret space program military industrial complexand why nasa was always a straight answer space x and more is just to privatize moon and space for elite
Well, technically New Shepard is a rocket and pokes into space.
A good topic. We are seeing so much diversity and innovation in this field now. Competition seems to be driving a great deal of novelty.
There most likely will be a food shortage soon, why on earth is anyone worrying about space competition?
@@user-cr6yp7vx9r Billionaires don't worry much of Food. Bezos, Gates, Musk all love Rockets so expect to see Rockets. I didn't invent it, but I shall enjoy watching the new Space Race. Neural Link is interesting too. I give to Charity and help the Poor. I also enjoy watching New Technology and the benefits it provides. Neural Link may enable paralyzed people to function. Space Exploration may have many, yet unknown benefits such as the devices we are using now which had much of their Origins in 1980s Space Program Technology Development such as Telecommunication Satellites and Computing
SpaceX has a huge lead over all the others. They're not the first to bring tourists, but they are aiming far higher than the rest.
Imaginary tourists at this point.
Billionaires taking selfies in space the exception.
Talking about bubbles what about a bubble about something that dont even exists? LOL
Yes but Mars is a pr stunt. I think Elon knows the Moon has to be the first to be colonized. 1 second communication delay, has useful resources, good testbed, lots of science to be done (including huge telescopes), lots of people interested - way more would pay for a vacation on the moon over moving permanently to Mars. At least not until there is infrastructure on Mars. Early stage of colonization will be hardcore.. far worse than working on south pole.
SpaceX is taking on a very specific role as a launch provider. They are not encompassing all of Space economy related opportunities.
@@harvirdhindsa3244 I would call it the most expensive and useless fireworks ever. The only use they have is to fool retarded people to believe we can go to the moon.
I hope a ''Global Space-Industrial Complex'' is established soon :-))
Chelsea Delaney is excellent, and DW is excellent! Great content, as always! 🙂
......... You are indeed correct -- AND Chelsea Delaney has a voice so clear, so soothing to listen to -- a delight to ones ears ......... and DW presents a truly very informative content !!!
Its hard to compare SpaceX and the two tourist companies tbh... it kinda botches the thesis.
The tech has the same objective.
@@samsonsoturian6013 It doesn't. Branson has no goal apart from space tourism (and maybe making money, eventually).
Bezos want's to build factories in Earth orbit while Musk wants to settle Mars.
Three very different objectives.
thank you
i like your content
Mechanical enginnering, attracative. German and Mr. Musk understood. Appreciated.
DW is osmmmmm
It's not gonna be Russia...
AMAZING 🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥
The world better start searching for win-win scenarios or there won't be any winners.
You´re wrong. The present day framework is the best way for there to be one or a few big winners, and it is perfect as it is.
@@andresmorales5807 You're absolutely bot. Adios.
Video starts out referencing Falcon 9's reusable booster capability, while showing video of Starship prototype tests. Ugh. Typical of DW.
I couldn't watch the rest.
Wall Street sends the Bubble to space !
Lol
@@ibrahimdiiriye2180 I in a flash too many things I've
The huge advantage of SpaceX´s Starlink is, that the satellites can reenter earth atmosphere without any remaining debris. The problem with debris is that it could increase exponentially, as every part hitting a satellite can split in more parts, the parts will become smaller and smaller but nonetheless, even a 1 cm particle can cause some serious damage to a satellite.
I get what you are saying but most (not all) satellites burn up when they reenter the atmosphere, heck most things do unless they are made not too or are really big. Most modern satellites are even designed to deorbit themselves when they get too old, run out of propellant, are damaged, or reach the end of their life.
I do applaud SpaceX's goal of trying to keep LEO clear of debris from their satellites. Their design and plans are obviously doing well at that so far. Which is a good thing, because there is going to be like 30,000 of them up there.
I could be totally wrong. But all LEO satellites get the re-enter burn-up feature for free? They so so close to Earth that they get atmosphere drag. They carry some fuels to occasionally pop them up. When the fuel is used up, they will just fall and burn up. If they go farther out to avoid the drag, that are in MEO or GEO.
dont worry, communication and internet exist because of Server, W-iSP tower, base transceivers tower, WACS, and Fiber optic cable connected around the continent
@@uswwt Yes you are right. Many problems with that "free feature", though.
If you are nearest to Earth, lowest orbit, de-orbit is simple. Just save enough propulsion for manoeuvring falling over open ocean.
Orbits are about altitude and vectors, like 3-D car lanes if you will, the higher the faster, but also direction and profile, how perfectly round orbit or elipsoidal it is.
De-orbit means spend fuel to decelerate and to do it in the right direction and angle. You have to invest on that feature to do it safe and precise.
Old space race artifacts are still up there and we have no way to predict where and when they will fall 😕
Edit: The higher you go, less drag, sure, GEO has no discernible drag, but no orbit is perfectly stable. There are gravitational perturbations that, cumulatively, will significantly change the orbit, you have to have propulsion to account for it and correct the orbit whenever needed. The perturbations, drag included, will make the orbit more and more an elipse. One of the dangers is that changing lanes that come with apogee and perigee, highest and lowest altitude, lowest and highest speeds. Without attitude control (the control of vector of movement), even the lowest orbit can be a mess.
@@isa_L land line phone FTW LOL
The US is still decades ahead of the world
Not ahead of china
@@liitkgp6570 way ahead of China. Hence why chinas rover died soon after it landed. While Nasas is still going
16:04 At least one of those people cannot be held at their word...
That's the morse code blinking lady from the pandemic days
I'm a fan here in the Philippines 🌴😁💗
Correction, it is a playground for Bezos and Branson, both made a point to have a seat on their first joy ride. Edit: yippee ki-yay Kármán line touch and back.
Musk is about hard business.
Not that tourism isn't a business, but SpaceX actually has a business of actual orbital launching, and Musk didn't get to behave as an adrenalin junkie.
SpaceX's first all-private orbital mission, Inspiration4, was actually about science and St. Jude's cancer hospital charity. A far cry from joy rides.
Totally agreed!
Very well put together. You touched on many different topics that all feed into answering the questions with how this is different from the first space race. The nation(s) that lead in this area will be the leading superpower(s) for the next century to come, in a big way. This was a great top level discussion that has many areas that can be expanded on. Please keep up the good work!
This is a dream…Modern civilisation will be well and truly over by “the next century” because of energy descent, ecological devastation, pollution of seas , oceans and rivers, water shortages, loss of arable soils, climate change and the increasing likelihood of nuclear war.
The Fermi Paradox will apply to us.
*I HAVE THE HIGH GROUND* 💡🤔
Damnit
Nice work!
The writer of this piece draws a picture that vastly understates SpaceX's lead in this "race"..
Soyuz is the most successful launch system in history
@@MrTaxiRob legit who asked not even kidding
@@alpineiii7933 what race is SpaceX winning? How much mass have they launched? Legit why are you such a bootlicker not even kidding
I bet the first people to see steel-hulled ships vs. wooden masted ships of the line, or automobiles vs. horse-drawn carriages for that matter would have said the same, with similar pride..
@@MrTaxiRob what, im not even boot licking
*Germany 🇩🇪, Europe need to dominate the Space Mining industry of the belt*
Space belongs to whoever can take it
I have a idea what about space hospitals.
It would be beneficial to present a primer on space utilization as it currently stands and why it is used this way.
@DW You're going to have to have follow-ups on these topics. Please cover all aspects of these topics. Cleaning up Space Debris, old satellites, how far/close builds can be developed, international space laws, acceptable social behaviors, design, Living quality, safety requirements, speed limits, minimum/max life of builds.
Excellent. Thank you.
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31.10.2019
The US, and it's not even close the only conversation is between the various US companies(in which case Space X and ULA... Rocketlab might be catching up soon too.. they're a US/NZ company so they're at least 1 partially international player in competition with the all American giants)
Agreed doing a more in depth report on the space industry would have been more professional.
more chelsea delaney please.
only thing we'll know for sure, its not going to be europe.. esa is so ponderous and bureaucratic
ESA is doing significantly more beneficial activities for the whole of humanity than all other space agencies. It just doesn't have a good PR.
I don't know about bureaucracy, but Ariane is a very good launch system, and ESA doesn't have the same volume of military payloads funding them like US or China
@@MrTaxiRob SpaceX is mopping the floor with everyone because they have partially reusable rockets. And they are working feverishly on the largest rocket ever built - which will be 100% reusable.
Ariane is not reusable at all. Of course Europe will keep the program alive because we want to have our own access to space. But Ariane really can't compete at this point. The only reason anyone will buy in at all is because SpaceX keeps its prices high to fund further development. If they wanted to they could lower launch prices considerably and drive everyone else out of the market.
@@harmless6813 reusability is a red herring that you've all fallen victim to. And no, they CAN'T lower launch prices any further, I don't know where you get that nonsense from.
@@MrTaxiRob You have mentioned exactly zero arguments for your claims.
13:16 in a post cold war world she said....
Wait for the aliens to sweep everyone away.
Why would aliens have waited all this time, till now, when we're on the verge of living on another planet, to 'sweep us away'? They had plenty of time in history to 'sweep'. I think they're just curious and observing...kinda like Star Trek and its Prime Directive. Observe but don't interfere, even if there's a threat to the planet.
did you mean,
building more 5 gen w-isp tower?
High NA faster fiber optic hardware? getting new computer servers that have faster computing and rendering capabilities? more terabytes hard drives? faster wi-fi hardware?
i should have known that earlier
pffft 🤭
The concept is great. "All countries should have equal opportunity in space." But, putting that into practice is all but impossible.
SpaceX is very different than BO and Virgin. They actually sent humans to real space, send cargo to outer space and a working high-power rocket engine. The other 2 are mainly for tourists and tiny cargo to very low orbit.
BO brings nothing to orbit, Virgin Galactic brings nothing to orbit. Virgin orbit brings satelites to orbit.
If we do not come up with a common ground set up for space it will be the next battlefield
We need to put together an X prize to inspire people to develop a space debris cleanup scheme. As usual, we are waiting until too late to try to solve a serious problem. We need to get on it now! It's only gonna get worse.
its already too late
@@seandepagnier no it's not. We have plenty of satellites including a space station orbiting just fine, only needing to make occasional adjustments to avoid collision. We can still launch vehicles out of orbit and off to other places. It's not too late.
@@theobserver9131 it is too late, because once there are a few collisions there will be a chain reaction. After, this space cannot be used for hundreds to thousands of years. There are already far too many satellites.
What a coincidence NASA is also going to the Moon again called Artemis.
Chelsey Delaney 💜💜😊
while this report is full of good information, I think a big driver in space exploration and development has been driven by military interests of governments. I wish the report could have put that into the perspective of past space efforts and for the future.
I would say we have re-usability when the cost to launch drops x10. Don't believe the hype
what's the point living and working in space?
Similar question probably asked by Ming emperor to admiral Zheng He. What's the point exploring the Southern Sea and settling in foreign land?
Meanwhile European monarchs, merchants, and settlers spend enormous amount of money and resources to explore the world and start new colonies.
Guess who benefit more in the long term.
TIME TO #MARS 🙌🙌🙌🙌🙌🙌🙌🙌🙌🙌🙌
The economy is your drive to go and space but there are no deep thoughts
Those are all certainly words
Hope Rocket Lab $RKLB Neutron Rocket will be ready soon!
i have been watching Chelsey all this episode 😛
The vocal fry!
At the expense of everyone
NORMAN LEAR IS STILL ALIVE 101 OLD JUDY COLLINS STEVE STILLS ALBUM
Ah, ground-based telescopes are a bad investment. Sorry. Horses were nice too.
Uuummm . . . Define "Space" *first* before deciding on who owns/controls it ?!! . . . it's IN FACT a virtually INFINITE resource from LEO to edge of Universe !!
lets spend trilions while people still die of hunger great job!!! go space
8:14..." Provence of @ll mankind "
SpaceX.
Miki mouse win end of the day
Ah, the international waters is an obvious precedent.
I'm Chinese. I hope you will continue to keep your ideas. ha-ha
We have come a long way from laying on blankets in our front yards as we watched Sputnik going across the night sky.
We are certainly going to have issues with the first come first serve setup. We can't even agree on the Arctic. Example would be China claiming to be a near Arctic power which is just a nice way of saying I have no border with the Arctic, but I do now because I want some resources. I can see conflict breaking out in space especially if countries start finding ways to get resources from other planets.
Yep, this will be just like during the Age of Exploration, when European powers scrambled to get some territories/colonies in the then recently discovered Americas.
The first to arrive will naturally have the ability to choose the best locations and claim the largest territory. SpaceX might became the new EIC or VOC.
@@ihl0700677525
Actually that would be China.
They are leading in space technology right now. It's just Western media doesn't show it.
@@ajaykumarsingh702 Lol. Maybe. Time will tell.
The Chinese used to be the leader during the Age of Exploration too, when admiral Zheng He's treasure ship explore the Southern Seas.
But we know how, in the end, private corporations (e.g. EIC, VOC, Virginia Company, Hudson Bay company, etc) overtook nation states and became the winners of that period.
@@ihl0700677525
Those companies got the lead because they turned from explorers to colonists.
That was not the case with China.
But this rise in space technology is serious because China is actually militarizing it.
@@ajaykumarsingh702 What is not the case? As for space, why do you think China is leading? the media may not show it but that is not the only way to get information. Matter of fact, Chinese experts themselves have been pushing for more funding as they say the Americans are pushing the lead. Space X, Virgin, private industry has made massive strides in recent years even NASA is changing course. The Chinese have made huge leaps but they are still far behind the leaders in space. I am curios, what research or article etc did you read to think that? Is it the Chinese space station? Just to give you an idea, the US accounts for 1/3 of all space exploration at the moment. I personally was hoping Europe would get on board but it they will join the yanks.
日本の内閣府のグロテスクなムーンショット計画の一環かと思たわ。
The house price in Pudong, Shanghai is very high! Face the Shanghai lockdown order ! We don't know how long this house price can hanging on! not falling down!
9:25 eactly what happen with that subject? i ask that because of starlink. but what happen if Europe tomorow want make another starlink web? or China or Rusia we end up with milions of satelite make the same thing.
i think this most be treated like internation water or even an update laws. for example mining a close asteroid to my actual mining asteroid. and this mus be signed by China and Rusia. Dont sign dont mean you can arrive there and get it. I say that because LUNA. China dont sigh the international agrement where all outerspace cant be claime as teritorial of one country. So if China put a man tomorow on the moon can say this land of part of it is our. But USA arrived first and put a flag there, but they agree the territory is unclaimable but China dont singup.
In teory moon is territory of USA if dont sign the internationa agrement.
And who will die first in space?
Two points:
1) Optical interference from LEO is a problem in the morning and evening. There are some research areas where you might need those hours for observations, but at least mention this fact.
2) There seems to be a distinctly naive flavor to this discussion. Governments are poor resource allocators and might never be able to generate more goods and services than they consume in the pursuit of the benefits from these newer space applications. Some businesses are very good at resource allocation but will only pursue these activities if they have the possibility of a return on investment that matches the risks.
Only 1 real player. SpaceX
you are so optimistic about the space industry, about the conquest of the moon and so on, and if the additional costs of food, fuel and electricity in the world increase two or three times. how are you going to fly to the moon? today reconnaissance satellites and satellites for remote sensing of the Earth, as well as navigation satellites, will be relevant. and in the near future we can expect military satellites that will carry weapons and will have to destroy enemy satellites.
Why should entities that did not assume any cost or risk whatsoever, benefit from the effort of the ones that did?
Network effects.
@@p-j-y-d what do you mean?
If you try to be a serious youtube channel then get your sound right. The s is so terrible it broke my glass in front of the computer and there are changes in sound constantly. Don't you know that audio is the most important part of video? :)
As a citizen Ihave less than $5.00. Can same one take me to the space, pls?
Yes, for the benefit of all mankind is a great ideal. At the same time, SpaceX, for example, is not just trying to make money but to provide high speed internet access to everyone around the world, which is a benefit for all mankind. Individual countries or international bodies were never going to achieve this, because first they would have to achieve reusable rockets and so on. Sure, we can ask what happens when other nations or companies become capable of doing what SpaceX can do now, is it fair for SpaceX to get the LEO space instead of them just because they are first. The alternative is that everyone who has poor or no access to the internet has to wait for these others though, I think SpaceX should get the LEO orbit because they are both first and using it in a way that benefits humanity.
it's a Land grab in space.. given money and technology is not an issue.. what is the best orbit to occupy? there only so many orbit that is available for maximum value. It's first come first served.. the understanding of space is for all mankind be damned... kessler syndrome ? till it happen I'll earn my millions first..
That's just your opinion, man. LOL. Now that China has a great firewall for their "internet". Do you think China will allow StarLink to operate there? GPS is also widely used globally. Why do you think other countries still sending their own GPS satellites up there? Many countries will want their own solution for independence. So others will for sure send their own satellites to crowd up LEO. Pretty soon satellites probably will have to be armed with collision avoidance systems. LOL.
@@uswwt maybe you Shd find out why SpaceX chose that orbit ..
That's all good and all, but what makes you even think that Xi and The CCP will actually follow any of the rules/laws regarding Space that all other Countries will agree upon?
I was wondering, what if during a confrontation, an enemy causes a high quantity of debris in Starlink's orbits. Can he destroy the whole thing?
There are 2,000 satellites in orbit for SpaceX. The plan is for a many as 40,000 eventually. An enemy would need an extraordinary number of rockets that can reach Low Earth Orbit to target all of those satellites spread out all over Low Earth Orbit, and the cost for the enemy of doing that would far exceed any possible benefits.
@@tribalypredisposed he wasn’t talking about targeting each one with a rocket per say, it’s a question of vulnerability of satellite ecosystem to sabotage, debris dispersion system could be a cascading problem. Rockets that eject bb’s maybe.
@@boxcutter0 but any nation with the technology to attack satellites will also have their own satellites in the same orbits, right? So I don't see bb attacks working, and really blowing up the SpaceX satellites would have a similar effect of spreading dangerous debris all over.
@@tribalypredisposed It would be reckless & a shame to have it done, but in times of war some countries might believe satellite communications give countries like the US, or China, or Russia advantages & dependencies that they aren’t as vulnerable to. North Korea would suffer less from satellite mayhem, but could lash out in such a way that doesn’t directly kill other people & escalate in traditional sense… just some possibilities to consider.
@@tribalypredisposed plus we likely need to come to the realization that exponential growth in technology & openly accessible research… many threats will be easier for more people/nations to duplicate… nuclear proliferation esp with Ukraine fiasco, rockets, biological/chemical advances & capacity of small scale “basement” labs. Another reason better global cooperation is needed, and rogue mischievous countries can be so problematic…
Jeff who? Richard who?
Who gets to define and enforce policy is the point, isn't it?
In many countries we see unbundling policies, when the traditional telecom incumbent is forced to share its infrastructure.
Bcs it was the first to deployed the copper wires, it would have an unfair advantage over newcomers.
Who will unbundle orbits and asteroids and moon mines, for the benefit of humankind customers?
DW News: Who is winning the new space race?
Me: Wait, where is the end of the line?
Musk he does it with passion the others are just boring rich people ;)
I think Bezos is seriously interested in advancing space exploration too. He just hasn't had all that much success yet. Maybe Blue Origin will eventually get New Glenn into space. But by then SpaceX is probably flying Starship regularly.
12:10 that's the reason why space telescopes are way more important than ground based telescope in the midterm future. Additionaly space telescopes are better than groundbased telescopes because they don't need to look through the atmosphere
We need several on the surface of Moon too.
@@ajaykumarsingh702 yeah, the moon is somewhat ideal for telescopes but i think at some point the moon orbits are going to get crowded too.
While that would be ideal, some telescope systems can only be ground-based at the moment, for both technical and economical reasons.
I wish I could be alive when it’s normal for a human to drive out of their garage and straight into space to visit their friends/family on the moon (or to Mars in minutes.) Basically Star Wars, but just a bunch of chill Mandalorians.
What if we sent up a giant electro magnet to divert tiny fragments toward earth
Send in the Clowns
It is inevitable that earth based telescopes will loose effectivity with time. It is happening sooner then was expected, but it is inevitable. It is also inevitable that the moon will some day not look as it always has. At some point, fairly soon, it will have an atmosphere of dust that will make it eventually look like a grey blur. This is a good time to talk about it. It is a good time to maybe delay the inevitable. But delay is all we can do.
It seems to me that people are always concerned with sharing. Especially when they are behind the curve. Interesting.
Does the constitution apply in Space? Would you want to work for the world economic forum in Space? Would you own your DNA or even your labor in their lifeboat?
Screw anyone's sovereignty. The frontier is first come first serve. It doesn't matter if it's a government, corporation, or international agency.
It's sad that Russia will no longer contribute to anything space anymore.
Don't look up.
It's disappointing to see everyone fighting over a future that should be the entire humanity's future as a collective, not as nations
go tell Russia and China and their allies that and see what they have to say.
@@thanhleusacuocsongmy8168 So it's ok if it's the Europeans?
Soyuz is the most successful launch system in history
it is competition. And it is good to see. Competition gave the modern world basically everything. F.e. the electronic devices we watch this video on.
Competition demands necessity and necessity is the mother of invention. This is good for the future of space innovation.
Exploring the space…and why not investing in protecting our planet 🌏 ? Humanity is sick
LMFAO literally the newest place super wealthy can hide & play.
Ukraine is thankful for you Mr musk thank you
Elon Musk???
There is still a race?
We have not even been back to the moon in 50 years.
More people on earth were not bore during the last moon landing than are alive to remember it.
One man is racing, the others pretend to participate.
@@harmless6813 and you pretend to pay attention
@@samsonsoturian6013 Do you have a point to make? Then please do so.
The first race was little more than to show off whose ICBM could travel the furthest. A complete waste of taxpayers money.
This second race is about commercialization and actual space colonization. Paid for by those billionaires.