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That's how it is. Asteroid mining TODAY would yield a hundred times the invested money as profits, however, since the initial investement is so extremely high (new technologies, etc..) the likelyhood of it happening is zero - since national space agencies have a fixed budget and private sector isn't big enough yet.
NASA's budget now is equal to the average budget of the Apollo days. The problem is we get much less for our money today. NASA wastes most of it. They actually provide their contractors a profit incentive to fail instead of providing them an incentive to succeed. That's why SpaceX can do things for half as much.
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[–] Dfens ago
It's like walking away from a gold mine because there weren't any big nuggets laying on the ground.
[–] Apeabel ago
That's how it is. Asteroid mining TODAY would yield a hundred times the invested money as profits, however, since the initial investement is so extremely high (new technologies, etc..) the likelyhood of it happening is zero - since national space agencies have a fixed budget and private sector isn't big enough yet.
[–] Dfens ago
NASA's budget now is equal to the average budget of the Apollo days. The problem is we get much less for our money today. NASA wastes most of it. They actually provide their contractors a profit incentive to fail instead of providing them an incentive to succeed. That's why SpaceX can do things for half as much.