The Future of the Space Economy with Mo Islam
Mo Islam (@itsmoislam), co-founder of Payload Space, joins Lucas Bagno and Ian Cinnamon on this episode. Takeaways:- There is no doubt that we are in the early stages of the space economy, Mo says.- The cost to go to Mars will be paid many times over by the young engineers who will be inspired by the mission.- There are three main buckets in the space economy: space for earth (companies creating products for humans on earth via their space endeavors), space for space (companies serving other companies in space) and beyond earth (“science fiction”-type activities like colonization, mining, and exploration).- The International Space Station cost $100B to build.- SpaceX built the Falcon 9 at 1/10th the cost that NASA estimated.- In the 1960s there were only two space programs but now there are 80+ and they are all trying to get an economic return on investment.- Mo’s contrarian take is that launch is actually underhyped. Very few companies have a launch vehicle that has made it to orbit with a significant payload capacity.Thanks for listening — if you like what you hear, please review us on your favorite podcast platform.Check us out on the web at www.villageglobal.vc or get in touch with us on Twitter @villageglobal.Want to get updates from us? Subscribe to get a peek inside the Village. We’ll send you reading recommendations, exclusive event invites, and commentary on the latest happenings in Silicon Valley. www.villageglobal.vc/signup