Mars & the Potential Profits for You
The year is 2040.
Elon Musk drives his vintage Tesla Roadster up to Mars-a-Lago, the scenic new resort that just opened up on Mars. He plays a few holes of golf on Olympus Mons and then heads back to the clubhouse for a drink.
This isn’t far off from the type of future Elon Musk imagines.
Obviously this is pure fictional speculation on what Mars might look like a couple decades from now.
But recent advancements in space tech have made manned missions to Mars look like a real possibility.
It’s easy to overlook positive news around Musk while he continually tweets memes and messages angering the SEC and keeping shareholders in the lurch, but…
He did announce something pretty big earlier this week.
Forget Tesla, SpaceX Is Musk’s Real Accomplishment
Musk has stated he wants to accelerate production of SpaceX’s Starship spacecraft to “Occupy Mars.” He also tweeted that he will open up reservations for a trip to Mars after Starship’s maiden voyage.
It’s always good practice to take our friend Elon’s tweets with a grain of salt. But if what he says actually comes to fruition, SpaceX will accomplish not only the first privately funded mission to Mars but the first manned mission to Mars period. Elon thinks this will all happen within a few years.
SpaceX isn’t run quite like Tesla and they seem to have their act together for the most part. You’d have to when you’re shooting rockets into space on the regular and maintain regular contracts with NASA.
There’s no margin for error in space travel…
Why Is SpaceX So Special?
Reusable launch vehicles are SpaceX’s bread and butter. The Falcon 9 and Falcon Heavy rockets can launch and land multiple times.
That’s not only much cheaper than making a new rocket every launch like the old days, but I can’t help but think that it’s really cool watching a rocket land on a barge in the middle of the ocean.
Source: NASA, The Verge
Earlier this week SpaceX was able to catch the fairing that fell off a rocket with a high-tech recovery system. I’m just kidding — it was a fast boat with a big net on it, reports CNBC.
If SpaceX keeps up their progress in space exploration and transportation AND it can get Elon off Twitter, they might get to Mars well before NASA gets back to the moon.
Why Should You Care?
Efficient and easy (relatively speaking) space travel creates an entire new world of opportunity for us.
There will be plenty pick-and-shovel plays that become available with companies creating the advanced computer systems used in these rockets.
Northrop Grumman (NYSE: NOC), for example, looks like it will be an interesting play as commercial and industrial space travel become realities.
In fact, they’ve already made moves in the realm acquiring Orbital ATK (now Northrop Grumman Innovation Systems). Orbital builds motors for rockets.
The writing is on the wall, folks…
There could even be tech-based commodities plays that come out of this… after all we’re just scratching the surface of what we know about Mars.
Just imagine grabbing shares in a new rare-Mars metal mining company.
We’ll be tracking developments on this story closely.
For Technology Profits Daily,
Chief Technology Expert, Technology Profits Daily