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While lunar propellant is nowhere close to scaling, the case for compute is moving much faster

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Amanda Gerut.

SpaceX has asked the FCC for permission to launch 1 million satellites to support data centers in space.

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Summary

SpaceX CEO Elon Musk described plans to build factories on the moon as he presided over the now public rocket maker’s first earnings call this month. The new report by advisory firm Deloitte and shared with Fortune in advance of its Wednesday release, estimates the budding moon-based economy could generate between $343 billion and $566 billion in upside through 2050. And despite the high barrier to entry for non-aerospace businesses, new companies are getting in on the action. “What was once the domain of governments and a handful of aerospace contractors now includes venture-backed startups, investors, defense firms, and some of the world’s largest companies all seeking a role in the emerging lunar economy,” the report states. The report, “Building the Lunar Economy,” includes insights from interviews with founders, engineers, investors, and government officials, and more than 400 model inputs.

Read full article at Fortune Technology →

#SpaceX #Elon Musk