Our New Space Race

The current space race extends far beyond Elon Musk, Jeff Bezos, and Richard Branson. There’s a New Zealand tinkerer without a college degree who built a billion-dollar rocket company. A Ukrainian multimillionaire who made his fortune off sketchy dating websites. A soothsaying IT executive who attracted millions in investment through relentless optimism, all while blowing up rocket after rocket.

Ashlee Vance’s latest book, When the Heavens Went on Sale: The Misfits and Geniuses Racing to Put Space Within Reach, is an ode to capitalism, risk, and innovation. As Vance relays, the private sector has created the new rockets and satellites that are spreading the benefits of space commerce across the planet. Though still an important partner, the government lacks the mindset or motive to discard old habits and embrace new technologies. Vance’s book should give pause to anyone who would expunge the profit motive from space, overregulate space or any other tech sector, or rely solely on the government to innovate.

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