Friday, September 29, 2023
Forget about becoming a millionaire, or even a billionaire. How’d you like to become the first-ever quadrillionaire?
In case you’re wondering, a quadrillion is equal to one million billions. It’s a one followed by 15 zeroes. If the amount were written on a check, it’d look like this:
That would enable a pretty cushy retirement, wouldn’t you say?
A quadrillion dollars may be hard to grasp — seeing it written out sure is dizzying — but let it be known that more than a quadrillion-and-a-half dollars is up for grabs in an emerging new industry.
Today, I want to tell you about it — and reveal how you can grab your share.
Again, a quadrillion dollars sounds like a number that’s out of this world. Funny enough, that’s where the opportunity I’m excited to share with you lies.
That’s because the industry I’m referring to is related to outer space — more specifically, the Moon:
This massive sphere of rock and dust will play a critical role in what’s known as the New Space Race.
Let me explain…
Gone are the days when space exploration meant simply orbiting the Moon or even landing on it. These days, the space race involves much more ambitious goals.
For instance, we’re now focused on ways to travel through space, live in space, vacation in space, and, most importantly...
Make money in space.
Industry analysts estimate that there’s $200 billion worth of fresh water on the Moon, and $2.5 trillion worth of rare metals and materials.
Then there’s the market for helium, which is valued at an almost incomprehensible $1.5 quadrillion.
The potential value is mind-boggling. It’s why so many industries and sectors have begun focusing on lunar applications. For example:
Markets for lunar construction, lunar biochemistry, and even lunar tourism have emerged in recent years. But one of the biggest is the market for lunar mining...
In a nutshell, lunar mining involves discovering, collecting, and processing materials found on the Moon. In other words, it’s about extracting materials from the Moon that create new capabilities in space.
The extraction of oxygen, for example, can help create rocket fuel. And various metals like iron, quartz, and platinum can assist in creating lunar-based structures, landing pads, and even houses.
But the material that’s desired above all else in this market is water.
You see, NASA has been envisioning life in space for some time. But a significant challenge has been how to build self-sustaining colonies where there’s no water.
Humans need water. So do plants. Water also plays a central role in our planet’s entire ecosystem. You can convert water into hydrogen and oxygen to fuel rockets and support life.
Notably, scientists estimate that 40,000 square kilometers of the Moon’s surface could contain water, with potentially even more supply underground.
The thing is, the Moon’s water supply was nearly impossible to access — until recently, that is...
You see, the Moon’s South Pole is a shadowy place that’s difficult to land near. But scientists have evidence that an abundance of water awaits in that spot.
Japan has tried to land on the South Pole. So has Israel and Russia. But no one has succeeded...
Until a few weeks ago, when India’s Space Research Organisation successfully landed a probe near the Moon’s South Pole. It was the first time India landed a spacecraft on the Moon, and the first time any nation had successfully landed at this coveted spot.
Now the race is on to duplicate India’s success and begin taking advantage of the opportunities that await...
It’s why the U.S. aims to send astronauts back to the Moon through its Project Artemis, and why China, Japan, India, and European countries are drafting plans to create space-based economies...
Including ones that extend beyond the Karman Line, the boundary between Earth’s atmosphere and outer space.
Countries aren’t the only ones itching to get involved. Plenty of companies are, too.
SpaceX, for example, is a leader in manned and unmanned rocket launches, and a key partner with NASA on numerous projects. Meanwhile, a startup called AstroForge is attempting two mining missions this year, not on the Moon, but on an asteroid floating through space.
Like lunar mining, asteroid mining is a potentially lucrative sector. An asteroid named 16 Psyche is supposedly laden with gold, iron, and nickel to the tune of about $10 quintillion. Another asteroid, named Davida, is worth roughly $27 quintillion — that’s 27 million trillions!
If companies and even entire nations are focused here, there’s no question we should be, too.
So, what’s our strategy?
We could go after a single company and hope it wins the New Space Race. The profit potential is extremely high in that case, but so is the risk.
We could invest in a proven entity like SpaceX. That would lower the risk a bit. Unfortunately, it’s privately held, meaning we can’t buy shares.
So let’s go with door No. 3: invest in a company that’s in position to succeed — no matter who comes out on top.
It’s a picks-and-shovels play that’ll be instrumental in helping the lunar and asteroid mining markets reach their potential.
Over the past year, its stock has jumped more than 60%. And funny enough, it’s a company you’re probably already familiar with.
Curious for more details? Make sure you become a Pro subscriber to take advantage of the New Space Race.
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Cheers and Good Investing,
Chief Investment Officer
Trend Trader Daily