Humanity won’t last another 1,000 years on Earth, so everybody has to move to another planet to survive, according to noted theoretical physicist Stephen Hawking. Although this massive bug-out is a long way off, some entrepreneurs and investors are already boldly going where no man has gone before: the commercialization of space. This means a new world of opportunities for appraisers.
Final frontier: The private space commercialization industry is involved in everything, from satellite launch and operation to cargo deliveries to the International Space Station, space tourism, mineral prospecting, and colonization. True, it’s a relatively small industry today, but it promises to expand as technology improves, terrestrial resources become scarce, and ideas for deriving value from space exploration proliferate. To learn about the opportunities for appraisers in this industry, join Michael Blake (Arpeggio Advisors) for a webinar on December 15, Down-to-Earth Considerations for Appraising Private Space Commercialization Companies.
One piece of advice: When it’s time to relocate to another world, choose a reputable firm—don’t accept a ride from the Kanamits.
Please let us know
if you have any comments about this article or enhancements you would like to see.