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/biz/ - Business & Finance

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9042511 No.9042511 [Reply] [Original]

https://www.dailystar.co.uk/news/latest-news/697701/space-mining-first-trillionaire-asteroid-mark-zuckerberg-bill-gates-jeff-bezos

>Examples of valuable asteroids include one rock measuring 3,000ft across that contains $5.4 trillion worth of platinum.
>“Prospecting probes can likely be built for tens of millions of dollars each and Caltech has suggested an asteroid-grabbing spacecraft could cost $2.6 billion.”

How can a normal person get a stake in this developing market? By normal I mean I have less than 50k in savings, and don't have the resources to start a SpaceX-tier company to launch my own mining ships.

How could you get into the asteroid mining market before it becomes a $100B industry?

>> No.9042520

Anon pump, i also want to know.

>> No.9042540

>>9042511
This sounds interesting

>> No.9042565

>>9042511
Play Elite Dangerous to get a feel of what the economy will be like in the asteroid mining age.

>> No.9043420

>>9042511

Well you probably want to go short platinum, if you know that the supply is going to increase 2000x

>> No.9044058

>>9043420
This or invent a technology required by these spacecraft somehow.

>> No.9044116

>>9042511
There isn't a way to get into it yet unless you can get to the big boys table to buy a portion of a launch company or one of the small companies that currently exist for it. just wait and short metals whenever it starts becoming possible

>> No.9044294

The level of delusion in these threads is staggering. Riddle me this: how do you get the metal back to earth?

>> No.9044314

I can see the future now.
>2019
>Link is at $10000
>All linkers sell and start a company and start mining in space
Profit???

>> No.9044328
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9044328

>>9044294

>> No.9044416

>>9044294
Yeah, it's actually more valuable in space.

>>9042511
There was 1 case when Planetary Resources bought (acqua-hired?) this one man operation with some guy doing online database of mineable asteroids. This one idea is already used up. but these giants will no doubt buy dozens of other startups solving some obscure but important parts of space mining process... Part of the deal will be small % of future company. You don't even need to start a company IF you are talented enough for them to scout you.

>> No.9044536
File: 846 KB, 1024x768, fake_nasa__by_bushidoki-dao3kf8.png [View same] [iqdb] [saucenao] [google]
9044536

Space is fake

>> No.9044648

>>9044058
Build a 100km~ electrified rail ramp up the side of a mountain range, would be able to gain enough speed for a cheap launch while accelerating slowly enough to safely handle G forces.

>> No.9044811

>>9044294
As other guy said, mass drivers. There is a vast amount of ferrous material there to vehicle the payload. We just aim for near earth and catch it wither the self-healing sails that will soon clean up orbiting debris or we do something with magnets. For re-entering orbit, some things can just be manufactured more efficiently in a vacuum. For raw and finished materials, use a cable tethered between an orbital and a buoy + ships. We're talking 10s of quadrillions of present dollars in metal and several decades to build megaprojects collateralized by that metal.

It will happen. Metals will be reduced to their utility values and only clean water, land and virtual ledgers will remain for scarcity. You are a brainlet if you have a dynasty and aren't proofing for it.

>> No.9044815

Buddy of mine is going to the Colorado School of Mining where they have classes and majors on asteroid mining. I'm working on tokenizing the asteroid or trying to tie it into crypto somehow where NEETS can profit and not fucks like bezos.

Going to do space data mining with the end game being asteroid mining.

>> No.9045424

bump

>> No.9045561
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9045561

>>9043420
So if I want to make possible gains by 2040 I'll do this, thanks anon.

>>9044294
With rockets, anon.

>>9044416
>these giants will no doubt buy dozens of other startups solving some obscure but important parts of space
Thanks anon this seems like the only useful advice ITT

>> No.9045642

>>9045561
Convince investors you know how to mine asteroids. Collect their money and run