As Private Companies Near Space Travel and Exploitation, New Legal Questions Arise
To many companies, space is the new “Wild West,” a “final frontier” of resources to be exploited for profit. To avoid a “land rush” in space, nations and space companies will need to agree on what they can claim to own or even begin to extract from outer space before their competitors beat them to it.
Why this Matters: Tesla and Amazon are working to make space travel and resource extraction for private citizens and companies possible.
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