The Future Of The Space Economy | CNBC Marathon

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  • เผยแพร่เมื่อ 10 พ.ค. 2024
  • CNBC Marathon explores the current space economy and how new endeavors for space travel, exploration and mining are being developed.
    NASA has been using the current spacesuits on the International Space Station for decades and they are showing their age. The agency has had issues not only with finding the proper sizes to fit its increasingly diverse astronaut corps, but also with degradation of some suit components. Now NASA is turning to two commercial companies: Axiom Space and Collins Aerospace, a subsidiary of Raytheon Technologies, to build and maintain its new generation of spacesuits.
    The International Space Station will likely be retired within the decade. NASA hopes to save money by having commercial companies build the next space outpost. Some companies including Sierra Space and Axiom Space are already working on a commercial space station. But the question is, will these stations be ready in time?
    Just a couple of years ago, it seemed that space mining was inevitable. Analysts, tech visionaries and even renowned astrophysicist Neil deGrasse Tyson predicted that space mining was going to be big business. Space mining companies like Planetary Resources and Deep Space Industries backed by the likes of Google’s Larry Page and Eric Schmidt, cropped up to take advantage of the predicted payoff. After all, the holy grail of asteroids, known as 16 Psyche, had an estimated worth of $10,000 quadrillion.
    Chapters:
    00:00 Introduction
    00:51 NASA’s Next-Generation Spacesuits - A Behind-The-Scenes Look (Published February 2023)
    16:45 What The Next Space Station May Look Like (Published August 2021)
    30:05 What Happened To Space Mining? (Published October 2022)
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    The Future Of The Space Economy | CNBC Marathon

ความคิดเห็น • 323

  • @TheSirjull891
    @TheSirjull891 4 หลายเดือนก่อน +62

    Love this long form content about space CNBC. Keep it up!!

    • @ncard00
      @ncard00 4 หลายเดือนก่อน +1

      Fix climate change before exploring space.

    • @TheSirjull891
      @TheSirjull891 4 หลายเดือนก่อน +7

      @@ncard00 the technology developed helps fight climate change.

    • @anypercentdeathless
      @anypercentdeathless 3 หลายเดือนก่อน

      Whiney, mindless narrator ruins this video.

  • @MrAnthonyfrench
    @MrAnthonyfrench 3 หลายเดือนก่อน +13

    Part of me thinks that all these companies developing things for "space" aren't really for space but space is just an excuse to develop loads of mad stuff and some kind of economic stimulant. (comment inspired by the 3D printed space suite)
    Space tech and missions are always 10 years away and never seem to get closer.

  • @nitroxide17
    @nitroxide17 4 หลายเดือนก่อน +44

    This is good stuff… opening up new industries and markets is the fastest way to grow the economy.

    • @carlsmith5545
      @carlsmith5545 4 หลายเดือนก่อน +1

      Improve infrastructure and economic growth? Highspeed bullet trains and maglev super train technology, the new american dream....

    • @puntmannoor3403
      @puntmannoor3403 4 หลายเดือนก่อน

      xD, When do you think there will be a highspeed rail from Washington to New York? 2050??? @@carlsmith5545

    • @cohutta_pines
      @cohutta_pines 4 หลายเดือนก่อน

      NO, BRING BACK THE LOW TRUMP TAX CUTS WE HAD---THAT WAS THE BEST ECONOMY EVER IN THE USA...WAKE UP...FORSAKE NASA AND THE BILLIONAIRES CLUB...NASA IS A SUBSIDIARY OF THE ARMS MANUFACTURERS LIKE LOCKHEED MARTIN, NORTHROP GRUMMAN, BOEING, BAE ETC

  • @jaanireel
    @jaanireel 4 หลายเดือนก่อน +62

    00:04 Trillionaire potential in space economy
    02:28 NASA's spacesuits face funding and safety challenges.
    07:06 NASA awards contracts for space suit design and maintenance
    09:13 Advancements in spacesuit technology and design for space exploration
    14:07 Space commercialization enabling new countries to participate
    16:13 International Space Station's future and impact on research
    20:23 Privatization of space stations and cost-saving for NASA.
    22:20 Axiom plans to use SpaceX for crewed missions to the ISS and aims to build a cheaper space station
    25:59 Private sector companies racing to launch commercial space stations before ISS retirement
    28:04 China seems to be winning the race for a permanent presence in low Earth orbit and the moon.
    32:29 Space mining is a long term endeavor with limited commercial support.
    34:39 Space mining goes beyond precious metals to include valuable materials like water and helium.
    38:37 Space mining company TransAstra is developing technology and securing contracts for its space missions.
    40:35 Space mining technology and its potential impact on Earth
    44:15 Space mining laws are unclear and vary by country
    46:17 Asteroid mining poses challenges in resource identification and market impact
    You Can't Judge A Video By Its Cover. you can by its first few chapters and certainly by its last.

    • @IceeMatty
      @IceeMatty 4 หลายเดือนก่อน +3

      🎉 you da best

    • @darklight5316
      @darklight5316 3 หลายเดือนก่อน

      A like well deserved.

    • @Bramon83
      @Bramon83 3 หลายเดือนก่อน

      3:45 Peggy Guirgis legs
      tf wrong with you dude?

  • @theshimario253
    @theshimario253 4 หลายเดือนก่อน +26

    I wish someone would build a rotating space station with artificial gravity. it'd be so cool.

    • @matthewdavis6327
      @matthewdavis6327 4 หลายเดือนก่อน +4

      The company Vast is aiming to do that.

    • @carcinogen60yearsago
      @carcinogen60yearsago 4 หลายเดือนก่อน

      For a short time, Gemini 11 had artificial gravity with a tether.

    • @ejkalegal3145
      @ejkalegal3145 4 หลายเดือนก่อน

      ​@@carcinogen60yearsagoF**k Gemini 11

    • @thehandsomenipple3623
      @thehandsomenipple3623 4 หลายเดือนก่อน

      check out Vast

    • @aleisterdenven
      @aleisterdenven 4 หลายเดือนก่อน +1

      Outer Space doesn't exist.Earth is the only World there is.There are no other Physical Cosmic
      Worlds out there and there is no Infinite Cosmic Spatial Vacuum Void.Outer Space has "3 Enormous Problems":Problem 1 - Survivability - Cosmic Space is completely and inherently uninhabitable,
      inhospitable and unliveable.This doesn't seem/feel right.If Outer Space truly existed
      it should therefore be completely and inherently habitable,hospitable and liveable.If Outer Space was real it would be 100% welcoming of All-potential Beings,Creatures and Life-forms.This means that Outer Space must be "Breathable",because otherwise Everyone and Everything would immediately and perpetually suffocate and no Life-forms would ever emerge or survive in such a lethal Cosmic Universe.Problem 2 - Cosmic Travel - All-vehicles must push "Something" in order to move and go "Somewhere".In Earth's Atmosphere Automobiles push "Air" to move,Airplanes also push "Air" to move and Cruise Ships push "Water" to move,but Outer Space has no Atmosphere.You cannot travel to/in Outer Space,because The Vacuum of Space neutralizes All-pushing power/travel power.This means that Space Travel is impossible,that No One has ever left The Earth,that No One has ever traveled to Space and that every single Space Mission from the beginning to today is a lie.If Outer Space truly existed it would need to have an "Atmosphere" in order for Outer Space Travel to be possible.Problem 3 - Vast Separation - Celestial Space is just far too tremendously vast as a territory.All-Life-forms are separated,because of the "Humongous Distance" between them.This is not convenient.If Outer Space was real it wouldn't be so gargantuan,because it has to be much smaller and more "Tightly-Knit",so that All-potential Life-forms can locate and
      discover each other.Outer Space is a lie designed in order to convince The Public that Extraterrestrial Beings exist.The total "Inhospitableness" and "Unfeasibility" of Outer Space proves that Outer Space cannot exist,because Outer Space doesn't exist!

  • @ZackaryJoubert
    @ZackaryJoubert 4 หลายเดือนก่อน +11

    In what universe and in what industry does it make sense to not continue improving on your technology? Space suit designs and parts from 60 years ago?

    • @Alexander_Kale
      @Alexander_Kale 4 หลายเดือนก่อน +1

      If it ain't broke don't fix it.

    • @theaverageportugues4200
      @theaverageportugues4200 3 หลายเดือนก่อน +1

      ​@@Alexander_Kaleby that logic if you 12gb harddrive works why should you get a 1tb ssd, lmao we need to evolve the problem is that Nasa does not have a big budget since the end of the space race

    • @Alexander_Kale
      @Alexander_Kale 3 หลายเดือนก่อน

      @@theaverageportugues4200 If you have a 12 gb harddrive and need to store a file greater than 12 gb, then the "it ain't broke" part of the thing no longer applies.
      More accurate would be: If all you ever need to store FITS on your 12 gb hard drive, then why would you shell out money to buy a 1 tb drive?
      Sure, it is new and shiny and bigger and thus automatically better, but if your existing hardware can do what needs doing, then why buy new hardware?

  • @JamesOfEarth
    @JamesOfEarth 4 หลายเดือนก่อน +14

    Seems like this has been in the can for a while seeing as there were several quotes of what’s planned for 2022.

  • @harryjones5260
    @harryjones5260 4 หลายเดือนก่อน +4

    21:30 "massive windows overlooking earth" lol

  • @MISTER_GOLD777
    @MISTER_GOLD777 4 หลายเดือนก่อน +2

    ❤❤❤❤❤❤❤ I LOVE CNBC

  • @brennanshrider65
    @brennanshrider65 4 หลายเดือนก่อน +1

    Least political, best science news of the major channels. I'll never switch from cnbc if they stay this way

    • @willywonka4340
      @willywonka4340 3 หลายเดือนก่อน

      ditto. I'm so tired of politics in our news. Please stop it, CNBC. Thank you!

  • @yashpatel261
    @yashpatel261 4 หลายเดือนก่อน +16

    Mining asteroids will be when we plan to use them to build things in space. Bringing them back to earth is not worth the cost. It would make more sense to use minerals and metals from outer space to manufacture products and then ship the products back to earth.

  • @martinwashington3152
    @martinwashington3152 4 หลายเดือนก่อน +3

    Helium 3 is also very viable within fusion reactors as well, IIRC?

    • @TimothyLipinski
      @TimothyLipinski 3 หลายเดือนก่อน

      Great Comment ! Also the US Stockpile of He3 (Helium 3) Has been depleted by the TSA by the Full Body Scanners and must be replaced soon ! ! ! tjl

  • @Atipat12
    @Atipat12 4 หลายเดือนก่อน +1

    AMAZING #CNBC 🔥🔥🔥🔥🔥🔥🔥🔥🔥

  • @darkskull745
    @darkskull745 4 หลายเดือนก่อน +5

    Spending a billion on spacesuits and complaining they didn't have enough funding 😭😭

    • @Dountman
      @Dountman 4 หลายเดือนก่อน

      Absolutely mind boggling. Yet we should pay more taxes.

  • @goldreserve
    @goldreserve 4 หลายเดือนก่อน +8

    $1B SpaceX - self landing reusable rockets. Astronauts to ISS.
    $1B NASA - new space suit (unfinished).

  • @kevinparkernde
    @kevinparkernde 4 หลายเดือนก่อน +4

    So will the new suits stop the solar radiation bombardment from creating lights inside the pilots eyes when getting close to maybe passing through the Van Allen Radiation Belts on the way to the moon ?

    • @kirbs0001
      @kirbs0001 3 หลายเดือนก่อน +6

      No. And trying to make suits with that level of radiation protection is pointless and prohibitive to both cost and capability of any astronaut wearing it.
      Easier ways to deal with radiation in space is: Go fast, spend less time in radiation belts. And Protect a part of the crew area, where crew can shelter during high radiation transits.

  • @Zt3v3
    @Zt3v3 4 หลายเดือนก่อน

    18:50 couldn't be bothered to make those HVAC duct clamps orientated the same as each other.... There is even a weld seam to use for lining them up. I wouldn't want that tech to build my house.

  • @gbaili
    @gbaili 2 หลายเดือนก่อน +2

    CNBC International

  • @geokon3
    @geokon3 4 หลายเดือนก่อน +3

    Hi Bob!! 🚀🛰🌕🪐

  • @chuyenpham3336
    @chuyenpham3336 4 หลายเดือนก่อน +1

    Greatttt

  • @michaelmarron5428
    @michaelmarron5428 3 หลายเดือนก่อน

    Where do we sign up for Mars spacex living?

  • @the_dude111
    @the_dude111 4 หลายเดือนก่อน +3

    Mining asteroids is definitely a worthwhile endeavor with many challenges as well as great rewards. 🚀🚀🚀

  • @IceeMatty
    @IceeMatty 4 หลายเดือนก่อน

    Let’s go 🎉

  • @quartytypo
    @quartytypo 4 หลายเดือนก่อน +2

    By the time I can afford space travel, the seats will be narrow and hard in economy just like today.

  • @Kr0N05
    @Kr0N05 3 หลายเดือนก่อน

    Good stuff , but I think this was made 3 years ago?

  • @user-tx9zg5mz5p
    @user-tx9zg5mz5p 4 หลายเดือนก่อน +2

    All replays... Please cme ip with some new content

  • @nicholaspayne349
    @nicholaspayne349 3 หลายเดือนก่อน

    I just love how the government allways cuts the space program funding while damn well knowing the benefits and economical value of the development of space technology. Any money you put into space tech triples on earth.

  • @d0nk85
    @d0nk85 4 หลายเดือนก่อน

    That device is hilarious

  • @getinthespace7715
    @getinthespace7715 2 หลายเดือนก่อน

    Drowning during a space walk would be a horrible way to go.
    Drives home the similarities between exploration of space and the oceans.

  • @agustinvelazques3748
    @agustinvelazques3748 3 หลายเดือนก่อน

    CNBS!

  • @IceeMatty
    @IceeMatty 4 หลายเดือนก่อน

    I wonder who else is going to comment about Hollywood portraying the space suit and space life etc. thought we knew about this

  • @TheReubenShow
    @TheReubenShow 4 หลายเดือนก่อน +2

    I am dubious. . . yet hopeful.

  • @ELImparableTony
    @ELImparableTony 4 หลายเดือนก่อน +2

    The Firmament all i got to say✝️

  • @eherrmann01
    @eherrmann01 4 หลายเดือนก่อน +3

    Re: What happened to space mining.
    I find it interesting that none of these companies (and other would-be space mining companies) are not talking about how, exactly, they planning to get the minerals back to the surface of the earth. EDL (entry, decent, landing) is quite dynamic, to say the least. Hurling hundreds of kilograms of minerals at the planet is something that the FAA in the US and similar entities in other countries may take issue with.

    • @NotOurRemedy
      @NotOurRemedy 4 หลายเดือนก่อน

      Actually recovery of meteorites is a long way off.
      You’d just slams it through the atmosphere at some country willing to let you do it. Somewhere with land and cheap labor for the mine etc.

    • @aleisterdenven
      @aleisterdenven 4 หลายเดือนก่อน +1

      Outer Space doesn't exist.Earth is the only World there is.There are no other Physical Cosmic
      Worlds out there and there is no Infinite Cosmic Spatial Vacuum Void.Outer Space has "3 Enormous Problems":Problem 1 - Survivability - Cosmic Space is completely and inherently uninhabitable,
      inhospitable and unliveable.This doesn't seem/feel right.If Outer Space truly existed
      it should therefore be completely and inherently habitable,hospitable and liveable.If Outer Space was real it would be 100% welcoming of All-potential Beings,Creatures and Life-forms.This means that Outer Space must be "Breathable",because otherwise Everyone and Everything would immediately and perpetually suffocate and no Life-forms would ever emerge or survive in such a lethal Cosmic Universe.Problem 2 - Cosmic Travel - All-vehicles must push "Something" in order to move and go "Somewhere".In Earth's Atmosphere Automobiles push "Air" to move,Airplanes also push "Air" to move and Cruise Ships push "Water" to move,but Outer Space has no Atmosphere.You cannot travel to/in Outer Space,because The Vacuum of Space neutralizes All-pushing power/travel power.This means that Space Travel is impossible,that No One has ever left The Earth,that No One has ever traveled to Space and that every single Space Mission from the beginning to today is a lie.If Outer Space truly existed it would need to have an "Atmosphere" in order for Outer Space Travel to be possible.Problem 3 - Vast Separation - Celestial Space is just far too tremendously vast as a territory.All-Life-forms are separated,because of the "Humongous Distance" between them.This is not convenient.If Outer Space was real it wouldn't be so gargantuan,because it has to be much smaller and more "Tightly-Knit",so that All-potential Life-forms can locate and
      discover each other.Outer Space is a lie designed in order to convince The Public that Extraterrestrial Beings exist.The total "Inhospitableness" and "Unfeasibility" of Outer Space proves that Outer Space cannot exist,because Outer Space doesn't exist!

    • @GrzegorzDurda
      @GrzegorzDurda 4 หลายเดือนก่อน +3

      Because this is pure fantasy and fake.

    • @davidskybrody
      @davidskybrody 4 หลายเดือนก่อน

      So, we land hundreds of kilograms of astronaut (+ protective spacecraft) each time a crew mission returns. Several orders of magnitude more are possible, if the entry velocity is managed properly (orbital mechanics and aerobraking). But by far the bigger market is not on Earth; it's in space ... or will be.

    • @cweaver4080
      @cweaver4080 4 หลายเดือนก่อน +1

      Some aren't planning to bring them back to Earth. They can leave them in orbit for use in space.

  • @sergiofernandez2109
    @sergiofernandez2109 4 หลายเดือนก่อน +17

    El pensamiento más sabio que ronda por la mente de todos hoy es invertir en diferentes flujos de ingresos que no dependan del gobierno, especialmente con la actual crisis económica en todo el mundo. Sigue siendo un buen momento para invertir en oro, plata y monedas digitales (BTC, ETH.... acciones, plata y oro)

    • @alonsericard8557
      @alonsericard8557 4 หลายเดือนก่อน

      Supongo que algunos saben acerca de la integración en la microeconomía para ayudar a sustituir FIAT o USDT por una experiencia de intercambio más tangible, aunque se parece más a una capitalización con alrededor del 43,307% de ganancias/ROI semanal... PD. Stuart Michael, me cubrió, gracias.

    • @JoshuaChester-xg3pp
      @JoshuaChester-xg3pp 4 หลายเดือนก่อน

      🙂🎉2024 es una continuación ENCANTADORA del crecimiento de la humanidad💜

    • @richardmella9701
      @richardmella9701 4 หลายเดือนก่อน

      ¡Stuart Michael sabe lo que hace! Sus consejos han sido invaluables para mi viaje comercial. ¡Definitivamente vale la pena intentarlo!

    • @edgartoapanta3122
      @edgartoapanta3122 4 หลายเดือนก่อน

      Pasé 10 años de mi vida invirtiendo tanto en acciones como en bienes raíces y gané mucho dinero con ellos. En algún momento de 2019, descubrí las criptomonedas y también comencé a invertir en ellas. Me di cuenta de que era mucho más rentable. Ahora mi vida se siente mucho más fácil y mejor.

    • @claudiageronimo2492
      @claudiageronimo2492 4 หลายเดือนก่อน

      Mucha gente subestima la importancia de los asesores hasta que sus emociones les provocan reveses financieros.

  • @BeaverInSpace
    @BeaverInSpace 4 หลายเดือนก่อน

    Last year? 19:45

  • @bigianh
    @bigianh 4 หลายเดือนก่อน +1

    Also your Osiris Rex info is about 2 years out of date (They've returned the sample now and the mission has been renamed Osiris Apex as it's now heading for the asteroid Apophis). Honestly couldn't you be bothered to do an actual video this year and just dusted off the same one you dusted off this time last year?

  • @Sirmellowman
    @Sirmellowman 4 หลายเดือนก่อน +3

    "by the time the suit deploys we will have spend 1 billion on the suits"........"the real problem with the program is not enough funding"........ok just stop.

  • @Waltaere
    @Waltaere 4 หลายเดือนก่อน +1

    Cnbc 😃

  • @piratecheese13
    @piratecheese13 4 หลายเดือนก่อน

    these all appear to be from 2022?

  • @mickymallma
    @mickymallma 3 หลายเดือนก่อน

    Anybody knows the name of the blond male engineer with the white shirt and dark-grey pants that comes up in the first part? You can see him at 7:50 and other moments on the first part of the video gracing the screen. Asking for a friend.

  • @peterboon748
    @peterboon748 3 หลายเดือนก่อน

    Why was Ran not there?

  • @Daniel-dc1cy
    @Daniel-dc1cy 4 หลายเดือนก่อน +1

    China had missed The Great Voyage, but catch up with Space voyage.

  • @danielcoronado1757
    @danielcoronado1757 25 วันที่ผ่านมา

    I'm pretty sure Dickies could figure this out😂. With a nice price tag

  • @jlebrech
    @jlebrech 4 หลายเดือนก่อน

    asteroid mining idea: redirect an asteroid to mars, let it crash on mars, then start a mining outpost on the crash site.

    • @jordenrisley6761
      @jordenrisley6761 3 หลายเดือนก่อน

      How about just put it in Mars orbit, mine directly from the asteroid

    • @jlebrech
      @jlebrech 3 หลายเดือนก่อน

      @@jordenrisley6761 much easier to mine on foot with hand tools

  • @KUSHxKiNG
    @KUSHxKiNG 4 หลายเดือนก่อน +5

    Yeah asteroids are worth billions but that’s based on the current market. What happens to markets when there a surplus?? The price drops. Once we start mining asteroids the value of gold and platinum and other minerals will drop drastically. What we call rare metals will be common and cheap. It will still be worth something but nothing like the prices of today. Hopefully we get to mine asteroids so every one can have gold and other minerals instead of just the rich.

    • @vmpgsc
      @vmpgsc 4 หลายเดือนก่อน

      Yep. No scarcity = no value.

    • @Alexander_Kale
      @Alexander_Kale 4 หลายเดือนก่อน

      That would be the point, yes. When you have an abundance of resources, the price of everything drops. Your phone, yourr car, your personal spaceship will all cost less money.
      Don't count on gold getting much cheaper though. The market is already being controlled, the future gold market will ALSO be controlled.
      That said, you already CAN get certain jewels for a reduced price. emeralds, saphires, diamonds and rubies can all be made artificially, if memory serves.

  • @ronaldwhite1730
    @ronaldwhite1730 3 หลายเดือนก่อน

    thank - you . ( 2024 / Jan / 14 )

  • @HDnatureTV
    @HDnatureTV 3 หลายเดือนก่อน +1

    Why not bring an asteroid into Earth Orbit with a lander/ pilot bridge and then mine it? Also, why grab a small asteroid and attach it to a space station to study and mine in low earth orbit? How about add a hotel and now you got a tourist asteroid destination and luxury hotel along with mining!?

  • @RichManhattanite11
    @RichManhattanite11 4 หลายเดือนก่อน +7

    I love space!

    • @Gecmajster123456
      @Gecmajster123456 4 หลายเดือนก่อน +1

      YEAH YOU LOVE COMPLETE DARKNESS, THE MINUS 500 C AND NO OXYGEN

    • @ajsalvlk
      @ajsalvlk 4 หลายเดือนก่อน

      which space?

  • @Infinitemoneycoin
    @Infinitemoneycoin 4 หลายเดือนก่อน

    Thats where the money is at

  • @Atipat12
    @Atipat12 4 หลายเดือนก่อน

    MOVE TO #MARS +++++++++++++++
    🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏

  • @Spectrum_Aerospacejet_Lab
    @Spectrum_Aerospacejet_Lab 3 หลายเดือนก่อน

    One cannot fully control if one will be an astronaut or not, but least one can build a small rocket to the moon. Rocket emoji are go 🚀🌌🚀

  • @Ayo22210
    @Ayo22210 4 หลายเดือนก่อน +1

    Do a video on T-pylons in Britain, electricity transmission lines

  • @Atipat12
    @Atipat12 4 หลายเดือนก่อน

    TIME TO MOVE TO #DEEP SPACE !!!!
    😎😎😎😎😎😎😎😎😎😎

  • @auro1986
    @auro1986 4 หลายเดือนก่อน +3

    future has no space for economy

  • @brendanwood1540
    @brendanwood1540 3 หลายเดือนก่อน +3

    Space mining isn't a matter of profit or economics. It's a matter of survival. All resources should go towards developing this capacity because money will not save us.

    • @amosbatto3051
      @amosbatto3051 3 หลายเดือนก่อน

      Given the costs of getting minerals back from space, I doubt that space mining is going to be viable before the 2060s, and even then I doubt it will ever be viable for most minerals. The cost of getting a kg to LEO has been reduced from $54,500 with the Space Shuttle to $1500 with the Falcon Heavy, and Starship promises to take that down to $200. Let's say that we get launch costs to LEO down to $50 per kg by the 2050s. We still will have to travel to Mars or the asteroid belt and do the mining and haul it back to Earth. That is probably going to cost $10k-$20k per kg at the beginning and with scale we can probably get that down to $500-$1000 per kg. Maybe that works for precious metals, but I can't see it ever working for metals like copper and nickel. In addition, we don't know what will be the climate and ozone impacts of all those rocket launches in the stratosphere, but the preliminary research by Martin Ross is scary.
      We can live within the resource limits of the planet if we prioritize it, and that is far more sustainable and less costly than trying to mine outer space. We keep figuring out how to do more with less minerals, so we could live with the Earth's existing mineral reserves, but we have chosen to not make this a priority.
      For example, electric vehicles used to require a lot of expensive metals (lithium, nickel, cobalt, manganese, copper, aluminum, iron, neodymium, dysprosium, etc.), but the move from NMC to LFP batteries eliminates the nickel, cobalt and manganese and the move to sodium ion batteries in the future will eliminate the lithium and copper, so they only require iron and aluminum which are sustainable metals with nearly limitless reserves. New EV motor designs have reduced the amount of permanent magnets, so less neodymium, dysprosium and praseodymium are needed. Tesla says that it will use PM-free motors in the future Model 2. The Cybertruck reduces the copper in the wiring by 50% by using Ethernet+CAN data buses instead of point-to-point wiring harnesses and by using higher voltages (12V -> 48V components and 400V -> 800V batteries/motors), which reduces the thickness of the wires. Wiring and motor coils can also be switched from copper to aluminum in the future if copper becomes too scarce.
      The same thing is happening in the energy sector. Grid batteries are switching from NMC to LFP and in the future they will use salt water flow batteries that require no metals except stainless steel. Today's wind turbines use a lot less expensive metals. Onshore wind turbines are switching from permanent magnet direct drives and electrically excited direct drives to geared drives and doubly fed induction generators which use no permanent magnets and much less copper. Offshore wind turbines are switching from permanent magnet direct drives are switching to semi-direct drives, which contain hybrid geared and permanent magnet generators, that only need 1/5 of the weight in permanent magnets and much less copper.
      Thin film solar which uses lots of expensive metals/minerals (cadmium, tellurium, copper, indium, gallium, selenium) has lost to crystalline silicon solar. PV solar cells which used silver contact lines are now switching to copper contact lines.
      If you look at modern electronics compared to the electronics of the 1980s, it is amazing how much less minerals are needed to make today's electronic devices, and we can reduce the mineral consumption even more if we start focusing on longevity, fixability and recyclability over planned obsolescence. I already see this happening with cell phones as the standard time that cell phones are supported with software updates has increased from 2 years to 4 years over the last couple years and the EU is creating standards to require that cell phones manufacturers use the same charging port and replaceable batteries. The average lifespan of vehicles has also increased from 100,000 to 200,000 miles and and EVs with LFP batteries should increase vehicle lifespan in the future to 400,000 miles.
      We can redesign all sorts of things for longevity and fixability, so we need less resources. The average lifespan of clothes has reduced by half over the last 30 years, but we could go back to making clothes that last longer. We can get rid of most single-use plastics if we charged a tax on single-use bottles and bags and sold things in reusable containers. The move from fossil fuels to renewable energy will eliminate 40% of ocean shipping and the move to local agriculture can eliminate another 10%, so we can get rid of half of ocean shipping. Given that 92.5% of new electricity generation was renewable energy in the first half of 2023, we are on track to get to 100% renewable electricity by the mid 2040s, and we could get there by 2035 if every country decides that it is a priority.

    • @brendanwood1540
      @brendanwood1540 3 หลายเดือนก่อน

      @@amosbatto3051I agree, efficiently using materials will prolong our window of opportunity. Especially if we can move away from infrastructure and into small scale in-situ resource utilization and power generation.
      By far the most effective energy saving measure we could utilize is passive solar design in all of our buildings. That would reduce energy consumption by 60%. At least for homes.
      Transportation remains the greatest draw on resources and energy. So developing sustainable in-situ greenhouses integrated into every home will also provide a great deal of energy saving and health benefits.
      However, I am not proposing that we should bring the resources back to earth. Rather, we should master the technology to process, refine material, and manufacture in space. Not to return home, rather to expand our civilization to the outer planets and moons in the solar system. Eventually we could construct entire stations and extremely large vessels in space.
      To be able to extend the duration of our civilization beyond the current extinction event.
      By my calculations we have less than 100 years before the climate will render earth largely infertile and inhospitable to most forms of life. There will be pockets that remain. But there is no guarantee that we can continue to survive through these cycles especially given the rise in industrial pollution and related cancers.
      I envision the use of modular systems that work like a nano bot swarm. Redundant, small scale self automating swarms that can begin the first stages of construction in space. Leading to foundries, chemical processing, gas, and fuel generation facilities. That can also provide the essential building blocks for life and agriculture in space.
      It could compliment potential advancements in technology like the ability to copy our brains into a computer system that can be replicated and repaired. That may be a viable alternative to simulate reality in the vacuum of space without any gravity. Purely reliant on energy sources as opposed to complex ecological systems required to sustain humans.

  • @bigianh
    @bigianh 4 หลายเดือนก่อน +2

    Is this really an update there's an awful lot of Fast Forward to 2022 in there. Is this just a video you dust off once a year?

  • @erickrivera6323
    @erickrivera6323 4 หลายเดือนก่อน

    This new space suit resembles a diving suit from the 1800s its 2024 why haven’t they worked on minimizing the suit’s technology to offer more mobility but the same protection against space?.

  • @OhFookinELL
    @OhFookinELL 4 หลายเดือนก่อน +1

    Meanwhile… China is testing a ‘iron man’ style prototype.! 😂

    • @orangehexagonsun
      @orangehexagonsun 3 หลายเดือนก่อน

      Could you provide a source?

  • @replica1052
    @replica1052 4 หลายเดือนก่อน

    (the surrection of mars should give humanity infinite economy as all of earth is to export to mars and everything from mars will be valuable - every mars garage will have orbital rockets )

  • @danielward9983
    @danielward9983 4 หลายเดือนก่อน

    Hey, what if Pattinson contributed funds to the space race?

  • @gbaili
    @gbaili 4 หลายเดือนก่อน

    Business space economy

  • @a5adullah
    @a5adullah 4 หลายเดือนก่อน

    Why not just replace them with drone robot. they only need arms i guess. 10:37

  • @Ganymede1001
    @Ganymede1001 4 หลายเดือนก่อน

    Ok I have a question about man in 7:30 🤪

  • @lemonrand1
    @lemonrand1 4 หลายเดือนก่อน

    It’s all about the money

  • @zhchbob
    @zhchbob 4 หลายเดือนก่อน

    In space manufacture is more realistic than space mining.

  • @TheApplecyder
    @TheApplecyder 3 หลายเดือนก่อน

    17:27 CNBC really said "all-timers", instead of alzheimers.

  • @theaverageportugues4200
    @theaverageportugues4200 3 หลายเดือนก่อน

    Its sad how mutch money is spent in war instead of stuff like this

  • @thorddespace2773
    @thorddespace2773 4 หลายเดือนก่อน

    We must protect the Asteroids from being hauled to the melting ovens; somebody will soon cry.

  • @Serioustroop
    @Serioustroop 4 หลายเดือนก่อน +3

    The concentration on making money is ridiculous. Now the idea behind it is that we develop technology in that helps humans.
    perhaps space mining will be a great supplement to our debt in the US

    • @mithicash1444
      @mithicash1444 4 หลายเดือนก่อน +1

      Advances require money, money requires investors, investors require profit

  • @dacnguyen1499
    @dacnguyen1499 2 หลายเดือนก่อน +1

    I have an ideas design, The new technology Space Shuttle program designs drawing project want to Build.

  • @AngeloXification
    @AngeloXification 3 หลายเดือนก่อน

    If I were a billionaire I'd be prepping my money for a private scientific explorative station. Hopefully Starship gets up and running soon.

  • @cobravoadora
    @cobravoadora 4 หลายเดือนก่อน

    Made in Space

  • @derickshalo384
    @derickshalo384 4 หลายเดือนก่อน

    what comes after a quadrillion? a centillion?? why did they not just say 10 centillion??

  • @skytech2501
    @skytech2501 4 หลายเดือนก่อน

    wait until Starship comes online, it will enable techs like Big space telescopes, mining, space Servers, fuel stations, internet constellations, etc,,,

    • @ejkalegal3145
      @ejkalegal3145 4 หลายเดือนก่อน +1

      Blah blah...it ain't gonna do s***.

    • @firstduckofwellington6889
      @firstduckofwellington6889 4 หลายเดือนก่อน +4

      @@ejkalegal3145 That's what they said about Falcon

    • @ejkalegal3145
      @ejkalegal3145 4 หลายเดือนก่อน +1

      @@firstduckofwellington6889 These are puny craft. The ISS is not a "space station" but merely a space platform. We should have aircraft carrier sized space vessels by now. We should have spin stabilisation artificial gravity large space stations by now. We should have 1000+ colonist space colonies on the Moon and Mars by now. I am deeply unsatisfied and ashamed by our lack of progress this last half century.

    • @robertanderson5092
      @robertanderson5092 4 หลายเดือนก่อน

      Cellphone has become so much more than voice + text

    • @mikemccormick6128
      @mikemccormick6128 3 หลายเดือนก่อน

      @@ejkalegal3145 Based on what evidence?

  • @anivalonofre8883
    @anivalonofre8883 4 หลายเดือนก่อน

    Watch Issac Arthur.

  • @jagteam9045
    @jagteam9045 3 หลายเดือนก่อน

    Built a new international space station.

  • @oob02
    @oob02 3 หลายเดือนก่อน

    Is this an old video you reposted or forgot to upgrade your script? Lots of outdated information and references to stuff that happened “last year” in 2020.

  • @ioanbota9397
    @ioanbota9397 6 ชั่วโมงที่ผ่านมา

    Realy She like it

  • @PerpetualMan22
    @PerpetualMan22 4 หลายเดือนก่อน +1

    Seriously, $420,000,000 to design new space suit. Who is getting so rich of of this ...

  • @monkeeseemonkeedoo3745
    @monkeeseemonkeedoo3745 3 หลายเดือนก่อน

    Capitalists in SPACE. Tim Curry in shambles

  • @typeo2465
    @typeo2465 3 หลายเดือนก่อน

    Maybe 500,000 a suit but not billions, let the public see a breakdown of cost

  • @Taydothat
    @Taydothat 4 หลายเดือนก่อน

    A billion to design a suit bro 🤔

  • @mcduvall2000
    @mcduvall2000 4 หลายเดือนก่อน +1

    This video is old!!! The narrorator mentions axiom "flying crewed missions as early as January 2022..." wtf!?

    • @mithicash1444
      @mithicash1444 4 หลายเดือนก่อน

      I wouldn't be surprised if they recycle content

  • @FutureSoch
    @FutureSoch 2 หลายเดือนก่อน

    👍

  • @bmvasakis
    @bmvasakis 4 หลายเดือนก่อน +1

    not a space agency working really hard to try and look like it

  • @ea4326
    @ea4326 4 หลายเดือนก่อน +1

    How is it possible to spend so much money for no results??? Elon, you must be doig something wrong!

  • @judahdatoy6134
    @judahdatoy6134 4 หลายเดือนก่อน

    I don't believe an asteroid the size of a football field contain billions upon billions of platinum. Yeah right. Maybe a bigger asteroid.

  • @MakeSushi1
    @MakeSushi1 หลายเดือนก่อน

    so Elon will be the first trillionaire

  • @chrispunkt407
    @chrispunkt407 3 หลายเดือนก่อน

    i'd love every space eandever being a HUMAN effort, rather than a country effort.
    its kind of sad to see the iss going down
    also: arent there any dangers increasing the earths mass by minig asteroids? is there any research about it?
    wouldnt a higher mass decrease our distance to the sun?

  • @swarajpalsingh
    @swarajpalsingh 4 หลายเดือนก่อน

    420 million…. Still lack of funding

  • @opalguys9158
    @opalguys9158 3 หลายเดือนก่อน

    How do i report this for misinformation? Does cnbc get a pass?

  • @kmartmtb2965
    @kmartmtb2965 4 หลายเดือนก่อน +1

    She lost me at "Space Tourism will reach $4 billion by 2030" that won't aged well... lol

    • @mikemccormick6128
      @mikemccormick6128 3 หลายเดือนก่อน +1

      What do you mean? Do you mean it will be much higher than $4 billion?

  • @mewe9020
    @mewe9020 4 หลายเดือนก่อน +1

    Neil Degrasse is the Deepak Chopra of Science

  • @raystevens687
    @raystevens687 4 หลายเดือนก่อน +1

    Here is an Idea I was thinking that SpaceX launch 1 of there super heavy rockets into and they wouldn't release the 1st stage I'm thinking that the 1st stage would be used for a space station I think that 1st stage rockets would need to be removed and they could make the engines to go back into the 2nd stage rocket 🚀. I think this would work. Just so everyone knows that the 1 stage rockets 🚀 they are 30 feet across these engines could be strapped to the inside walls just like a C17 jet. I hope this makes sense to everyone.

    • @robertanderson5092
      @robertanderson5092 4 หลายเดือนก่อน

      Stage zero is the launch pad. Stage 1 is the booster. Stage 2 is the cargo/capsule

  • @Monosaccaride
    @Monosaccaride 3 หลายเดือนก่อน

    "Neil DeGrassyyy"

  • @Taydothat
    @Taydothat 4 หลายเดือนก่อน

    A lack of funding but they have spent over 400 million howwwwww

    • @jordenrisley6761
      @jordenrisley6761 3 หลายเดือนก่อน

      400 million is nothing in the big picture of the us budgeting everything go the military .

  • @leothelion69
    @leothelion69 3 หลายเดือนก่อน

    FOR ALL MANKIND!!!

  • @mushroomcastle5184
    @mushroomcastle5184 4 หลายเดือนก่อน +2

    CGI space 🤫🤫🤫

  • @pauldannelachica2388
    @pauldannelachica2388 4 หลายเดือนก่อน

    Lunar mining is near the Earth