Well, just last week we sent a lander to the moon and unfortunately the Peregrine lander failed.

The launch was spectacular and completely successful, but it failed after it was deployed.

Those of you that are history buffs may remember that we actually landed on the moon several times,

50 years ago or a little more than that now, I guess.

But this one's different because this one is privately owned.

Hi everybody, I'm Bill Little here with Steve Green and Scott Ott.

And the question today, guys, is not so much geeking out on the hardware,

though I'm certainly always willing to do that.

It's the entire idea of private ownership of space, of assets in space.

The United States signed a treaty in the 60s that basically said space belongs to everyone,

you're not able to go up there and put a sign on it.

And I think that was a bad idea.

What we can say for certain, I think, is that until or unless space exploration and space

industry turn a profit, then it's running on borrowed time because

nobody's going to keep throwing money into a money pit forever. Steve, this idea of private

ownership of parts of space really bothersome people. I noticed that it really bothers people the most

who have never heard about the particular things in question. You know, It turns out there's an asteroid out there, as you pointed out,

in a previous show, that the asteroid called Psyche, I think, that is estimated to be worth

trillions and trillions of dollars worth of raw materials. Quadrillions. Quadrillions. Oh,

yeah. Huge. Okay. So you're talking about something that's basically got the ability to pay off the

national debt as pocket change just for the fun of it.

Just you toss the $33 trillion off to the coins there and keep the real money.

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