​Could the moon be America's next economic frontier?

  • 08/10/2016 12:58 AM
  • Source: CBS News
  • by: AIMEE PICCHI
​Could the moon be America's next economic frontier?
by is licensed under
The moon "is a compelling site for a memorial," Chafer said. "Two of our services are below the average cost of a funeral, but [the lunar burial] has to be a little more."

The company already has more than a dozen "participants" lined up for the moon memorial, including the remains of lunar geologist Mareta West. Chafer said that when he first started the business, he projected that the typical customer would be a "white man who lived near a space center." But its customer base has proved to be much more diverse, and he says about two-thirds of the people who purchase space burials for their loved ones are women, he said.

Celestis believes it may send the remains of 100 to 250 people on Moon Express' lander next year, but over the next few years that could grow to several thousand lunar memorials.

Space burial might be one of the first business lines for Moon Express, but Jain has plenty of other ideas. He plans to bring moon rocks back to Earth and sell them as alternatives to diamonds, taking aim at companies such as De Beers.

"I believe [moon rocks] are worth billions alone because no one can get moon rocks," Jain said. "Diamonds are the symbol of love from De Beer, but the moon has been a symbol of love for centuries. If you love her enough, give her the moon."

Another business line, Jain said, could be selling a service for new parents who want to commemorate the birth of their child by sending molds of their footprints to the moon. "We don't know what is going to capture people's imaginations," Jain said.

Ultimately, the long-term economic potential may reside in mining rare elements and helium-3, a gas that's considered to be a potential clean fuel. Ultimately, Jain said, he believes people will live and work on the moon.

For the complete article please visit CBS News

ABOUT
Dynamic Wealth Research was founded on the principle the world is changing at an ever-increasing pace.  The greatest profit opportunities an investor will ever find are from massive, sweeping changes. Dynamic Wealth Research analyzes and closely follows these changes, keeps its readers on the leading edge of them, and shows you how to be best positioned these anxious, interesting, and ultimately profitable times.
Article Photo Credit: by is licensed under
Thumbnail Photo Credit: by is licensed under

Exclusives

Oil & gas prices are up. But many O&G stocks have yet to follow. Where should investors look for value opportunities?


DYNAMIC WEALTH RESEARCH

Analysis and insights into the newest trends and industries shaping the world and your wealth.

The world is more dynamic than at any time in History.
New Markets are opening up. Technology is accelerating. It’s changing everything.

And creating fortunes in the process.

Dynamic Wealth Research exposes the biggest and most profitable changes for our readers.
SHARE DYNAMIC WEALTH RESEARCH
© 2016 - 2024 DYNAMIC WEALTH RESEARCH, Privacy Policy, Disclaimer