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The Future Of The Space Economy | CNBC Marathon

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CNBC Marathon explores the current space economy and how new endeavors for space travel, exploration and mining are being developed.

NASA has been using the current spacesuits on the International Space Station for decades and they are showing their age. The agency has had issues not only with finding the proper sizes to fit its increasingly diverse astronaut corps, but also with degradation of some suit components. Now NASA is turning to two commercial companies: Axiom Space and Collins Aerospace, a subsidiary of Raytheon Technologies, to build and maintain its new generation of spacesuits.

The International Space Station will likely be retired within the decade. NASA hopes to save money by having commercial companies build the next space outpost. Some companies including Sierra Space and Axiom Space are already working on a commercial space station. But the question is, will these stations be ready in time?

Just a couple of years ago, it seemed that space mining was inevitable. Analysts, tech visionaries and even renowned astrophysicist Neil deGrasse Tyson predicted that space mining was going to be big business. Space mining companies like Planetary Resources and Deep Space Industries backed by the likes of Google’s Larry Page and Eric Schmidt, cropped up to take advantage of the predicted payoff. After all, the holy grail of asteroids, known as 16 Psyche, had an estimated worth of $10,000 quadrillion.

Chapters:
00:00 Introduction
00:51 NASA’s Next-Generation Spacesuits — A Behind-The-Scenes Look (Published February 2023)
16:45 What The Next Space Station May Look Like (Published August 2021)
30:05 What Happened To Space Mining? (Published October 2022)

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The Future Of The Space Economy | CNBC Marathon

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49 Comments

49 Comments

  1. @truecheapgrowndopeboymusic5838

    January 4, 2024 at 5:10 pm

    The truth is coming

  2. @TiTaN______

    January 4, 2024 at 5:10 pm

    Those suits are just bad

  3. @jlebrech

    January 4, 2024 at 5:10 pm

    asteroid mining idea: redirect an asteroid to mars, let it crash on mars, then start a mining outpost on the crash site.

  4. @piratecheese13

    January 4, 2024 at 5:10 pm

    these all appear to be from 2022?

  5. @KLM738XO

    January 4, 2024 at 5:10 pm

    If asteroids are exploited as this video implies, then the increased supply of currently rare materials will cause their price to drop. On Earth, resource economics often means that resources are not exploitable at current prices. Asteroid raw materials would have to compete for markets with Earth deposits. If the cost of exploitation of asteroid resources exceeds the market price on Earth, then it won’t be exploited. https://en.m.wikipedia.org/wiki/Natural_resource_economics

  6. @cheverevibes

    January 4, 2024 at 5:10 pm

    Thats where the money is at

  7. @larrydugan1441

    January 4, 2024 at 5:10 pm

    Amazing how many women are the managers of all these engineering programs. What happened to all those white males? I guess they don't have the skills.

  8. @cohutta_pines

    January 4, 2024 at 5:10 pm

    WE CANT EVEN KEEP THE GENERAL ECONOMY GOING AND MSNBC IS WORRIRD ABOUT BILLIONAIRE SPACE RACERS? GO EFF YOURSELF MSNBc!!

  9. @erickrivera6323

    January 4, 2024 at 5:10 pm

    This new space suit resembles a diving suit from the 1800s its 2024 why haven’t they worked on minimizing the suit’s technology to offer more mobility but the same protection against space?.

  10. @martinwashington3152

    January 4, 2024 at 5:10 pm

    Helium 3 is also very viable within fusion reactors as well, IIRC?

  11. @harryjones5260

    January 4, 2024 at 5:10 pm

    21:30 "massive windows overlooking earth" lol

  12. @danielward9983

    January 4, 2024 at 5:10 pm

    Hey, what if Pattinson contributed funds to the space race?

  13. @kmartmtb2965

    January 4, 2024 at 5:10 pm

    She lost me at "Space Tourism will reach $4 billion by 2030" that won't aged well… lol

  14. @dewberry3043

    January 4, 2024 at 5:10 pm

    The liberals always crying solve the world hunger first before spending money to space. That's the solution to solve world hunger, overpopulation and income in equality. And preserve Mother Earth!. Is for future humans to live in space. We can't do that if you keep restricting and shaming people and businesses to achieve that goal. It's not EASY to launch into space. The vastness of SPACE and resources of our solar system is so huge and plentiful that greedy humans in their lifetime can't even get it all. So don't worry about Humans will destroy it. We are like smaller than an amoeba that will not be felt by our Solar system. How much more of our Milky Way Galaxy. And there are Billions of Milky way like galaxies.

  15. @kevinparkernde

    January 4, 2024 at 5:10 pm

    So will the new suits stop the solar radiation bombardment from creating lights inside the pilots eyes when getting close to maybe passing through the Van Allen Radiation Belts on the way to the moon ?

  16. @OhFookinELL

    January 4, 2024 at 5:10 pm

    Meanwhile… China is testing a ‘iron man’ style prototype.! 😂

  17. @goldreserve

    January 4, 2024 at 5:10 pm

    $1B SpaceX – self landing reusable rockets. Astronauts to ISS.
    $1B NASA – new space suit (unfinished).

  18. @zhchbob

    January 4, 2024 at 5:10 pm

    In space manufacture is more realistic than space mining.

  19. @bmvasakis

    January 4, 2024 at 5:10 pm

    not a space agency working really hard to try and look like it

  20. @quartytypo

    January 4, 2024 at 5:10 pm

    By the time I can afford space travel, the seats will be narrow and hard in economy just like today.

  21. @ea4326

    January 4, 2024 at 5:10 pm

    How is it possible to spend so much money for no results??? Elon, you must be doig something wrong!

  22. @Joey-fs7ro

    January 4, 2024 at 5:10 pm

    Why do women need a space suit???… Every guy knows they live in outer space every day of their life. 😂

  23. @JFHeroux

    January 4, 2024 at 5:10 pm

    😂"Russia is also planning it's own space station."😂😂😂 By doing what? Requiring all its citizens to stop eating altogether?! If they can't get eggs now, wait until Vladolf Putler not only wastes all of their money on a war they can't win but also billions into building a space station!🤦‍♂ Maybe, instead of just repeating Russian propaganda, this journalist can actually verify some facts before including such ridiculous statements in her report? We all know Russia is going down the drain and they won't ever be able to do ANY new high-tech projects now. They can't even build cars anymore! How can they ever get their space program competitive again?!

  24. @the_dude111

    January 4, 2024 at 5:10 pm

    Mining asteroids is definitely a worthwhile endeavor with many challenges as well as great rewards. 🚀🚀🚀

  25. @TimJohnsonPhD

    January 4, 2024 at 5:10 pm

    1:26 why did that guy sound so out of breath?

  26. @GrzegorzDurda

    January 4, 2024 at 5:10 pm

    His suit filled with water because he was in a NASA pool simulating a "space walk"

  27. @GrzegorzDurda

    January 4, 2024 at 5:10 pm

    NEVER gonna happen. Always 5-15 years out. There will NEVER be a spaceship mining asteroids like in sci-fi movies or games. Pure fantasy for the educated.

  28. @user-eh5bd1hn8w

    January 4, 2024 at 5:10 pm

    I hav a scene in one of my upcoming films, where a business mogul sends a rocket to a planet and it picks up a mineral 
    from a rover and the mineral is flown back to earth, that mineral makes a persons body regenerate ten years or more. I wish 
    that cud really happen ! @SpaceX

  29. @brennanshrider65

    January 4, 2024 at 5:10 pm

    Least political, best science news of the major channels. I'll never switch from cnbc if they stay this way

  30. @Sirmellowman

    January 4, 2024 at 5:10 pm

    "by the time the suit deploys we will have spend 1 billion on the suits"…….."the real problem with the program is not enough funding"……..ok just stop.

  31. @carwash9431

    January 4, 2024 at 5:10 pm

    You forgot about bionomics a trillionaire happened sonner rater😢than later. Everybody else still loses.

  32. @bigianh

    January 4, 2024 at 5:10 pm

    Also your Osiris Rex info is about 2 years out of date (They've returned the sample now and the mission has been renamed Osiris Apex as it's now heading for the asteroid Apophis). Honestly couldn't you be bothered to do an actual video this year and just dusted off the same one you dusted off this time last year?

  33. @aleisterdenven

    January 4, 2024 at 5:10 pm

    Outer Space doesn't exist.Earth is the only World there is.There are no other Physical Cosmic
    Worlds out there and there is no Infinite Cosmic Spatial Vacuum Void.Outer Space has "3 Enormous Problems":Problem 1 – Survivability – Cosmic Space is completely and inherently uninhabitable,
    inhospitable and unliveable.This doesn't seem/feel right.If Outer Space truly existed
    it should therefore be completely and inherently habitable,hospitable and liveable.If Outer Space was real it would be 100% welcoming of All-potential Beings,Creatures and Life-forms.This means that Outer Space must be "Breathable",because otherwise Everyone and Everything would immediately and perpetually suffocate and no Life-forms would ever emerge or survive in such a lethal Cosmic Universe.Problem 2 – Cosmic Travel – All-vehicles must push "Something" in order to move and go "Somewhere".In Earth's Atmosphere Automobiles push "Air" to move,Airplanes also push "Air" to move and Cruise Ships push "Water" to move,but Outer Space has no Atmosphere.You cannot travel to/in Outer Space,because The Vacuum of Space neutralizes All-pushing power/travel power.This means that Space Travel is impossible,that No One has ever left The Earth,that No One has ever traveled to Space and that every single Space Mission from the beginning to today is a lie.If Outer Space truly existed it would need to have an "Atmosphere" in order for Outer Space Travel to be possible.Problem 3 – Vast Separation – Celestial Space is just far too tremendously vast as a territory.All-Life-forms are separated,because of the "Humongous Distance" between them.This is not convenient.If Outer Space was real it wouldn't be so gargantuan,because it has to be much smaller and more "Tightly-Knit",so that All-potential Life-forms can locate and
    discover each other.Outer Space is a lie designed in order to convince The Public that Extraterrestrial Beings exist.The total "Inhospitableness" and "Unfeasibility" of Outer Space proves that Outer Space cannot exist,because Outer Space doesn't exist!

  34. @aleisterdenven

    January 4, 2024 at 5:10 pm

    Outer Space doesn't exist.Earth is the only World there is.There are no other Physical Cosmic
    Worlds out there and there is no Infinite Cosmic Spatial Vacuum Void.Outer Space has "3 Enormous Problems":Problem 1 – Survivability – Cosmic Space is completely and inherently uninhabitable,
    inhospitable and unliveable.This doesn't seem/feel right.If Outer Space truly existed
    it should therefore be completely and inherently habitable,hospitable and liveable.If Outer Space was real it would be 100% welcoming of All-potential Beings,Creatures and Life-forms.This means that Outer Space must be "Breathable",because otherwise Everyone and Everything would immediately and perpetually suffocate and no Life-forms would ever emerge or survive in such a lethal Cosmic Universe.Problem 2 – Cosmic Travel – All-vehicles must push "Something" in order to move and go "Somewhere".In Earth's Atmosphere Automobiles push "Air" to move,Airplanes also push "Air" to move and Cruise Ships push "Water" to move,but Outer Space has no Atmosphere.You cannot travel to/in Outer Space,because The Vacuum of Space neutralizes All-pushing power/travel power.This means that Space Travel is impossible,that No One has ever left The Earth,that No One has ever traveled to Space and that every single Space Mission from the beginning to today is a lie.If Outer Space truly existed it would need to have an "Atmosphere" in order for Outer Space Travel to be possible.Problem 3 – Vast Separation – Celestial Space is just far too tremendously vast as a territory.All-Life-forms are separated,because of the "Humongous Distance" between them.This is not convenient.If Outer Space was real it wouldn't be so gargantuan,because it has to be much smaller and more "Tightly-Knit",so that All-potential Life-forms can locate and
    discover each other.Outer Space is a lie designed in order to convince The Public that Extraterrestrial Beings exist.The total "Inhospitableness" and "Unfeasibility" of Outer Space proves that Outer Space cannot exist,because Outer Space doesn't exist!

  35. @bigianh

    January 4, 2024 at 5:10 pm

    Is this really an update there's an awful lot of Fast Forward to 2022 in there. Is this just a video you dust off once a year?

  36. @aleisterdenven

    January 4, 2024 at 5:10 pm

    Outer Space doesn't exist.Earth is the only World there is.There are no other Physical Cosmic
    Worlds out there and there is no Infinite Cosmic Spatial Vacuum Void.Outer Space has "3 Enormous Problems":Problem 1 – Survivability – Cosmic Space is completely and inherently uninhabitable,
    inhospitable and unliveable.This doesn't seem/feel right.If Outer Space truly existed
    it should therefore be completely and inherently habitable,hospitable and liveable.If Outer Space was real it would be 100% welcoming of All-potential Beings,Creatures and Life-forms.This means that Outer Space must be "Breathable",because otherwise Everyone and Everything would immediately and perpetually suffocate and no Life-forms would ever emerge or survive in such a lethal Cosmic Universe.Problem 2 – Cosmic Travel – All-vehicles must push "Something" in order to move and go "Somewhere".In Earth's Atmosphere Automobiles push "Air" to move,Airplanes also push "Air" to move and Cruise Ships push "Water" to move,but Outer Space has no Atmosphere.You cannot travel to/in Outer Space,because The Vacuum of Space neutralizes All-pushing power/travel power.This means that Space Travel is impossible,that No One has ever left The Earth,that No One has ever traveled to Space and that every single Space Mission from the beginning to today is a lie.If Outer Space truly existed it would need to have an "Atmosphere" in order for Outer Space Travel to be possible.Problem 3 – Vast Separation – Celestial Space is just far too tremendously vast as a territory.All-Life-forms are separated,because of the "Humongous Distance" between them.This is not convenient.If Outer Space was real it wouldn't be so gargantuan,because it has to be much smaller and more "Tightly-Knit",so that All-potential Life-forms can locate and
    discover each other.Outer Space is a lie designed in order to convince The Public that Extraterrestrial Beings exist.The total "Inhospitableness" and "Unfeasibility" of Outer Space proves that Outer Space cannot exist,because Outer Space doesn't exist!

  37. @raystevens687

    January 4, 2024 at 5:10 pm

    Here is an Idea I was thinking that SpaceX launch 1 of there super heavy rockets into and they wouldn't release the 1st stage I'm thinking that the 1st stage would be used for a space station I think that 1st stage rockets would need to be removed and they could make the engines to go back into the 2nd stage rocket 🚀. I think this would work. Just so everyone knows that the 1 stage rockets 🚀 they are 30 feet across these engines could be strapped to the inside walls just like a C17 jet. I hope this makes sense to everyone.

  38. @computer-training-for-seniors

    January 4, 2024 at 5:10 pm

    No thanks. I am most satisfied and extremely happy with my life just being poor.

  39. @johanyventura6669

    January 4, 2024 at 5:10 pm

    Big waste of money

  40. @yashpatel261

    January 4, 2024 at 5:10 pm

    Mining asteroids will be when we plan to use them to build things in space. Bringing them back to earth is not worth the cost. It would make more sense to use minerals and metals from outer space to manufacture products and then ship the products back to earth.

  41. @ma_zu_888

    January 4, 2024 at 5:10 pm

    😯 we🇺🇲 spend too much money on military around world ✌️😒😒😒😒

  42. @ZackaryJoubert

    January 4, 2024 at 5:10 pm

    In what universe and in what industry does it make sense to not continue improving on your technology? Space suit designs and parts from 60 years ago?

  43. @joostonline5146

    January 4, 2024 at 5:10 pm

    so you go to space and mine 1000 kilo's of what? and then crash it like a commet to earth?

  44. @andrelobo1272

    January 4, 2024 at 5:10 pm

    The day we have a Trillionaire is the day that we're doom, how can someone be a trillionaire in a world with 1 billion miserables, they should be ashame of themselves.

  45. @Gary-zq3pz

    January 4, 2024 at 5:10 pm

    Free, unlimited solar power and free shipping to Earth side markets, as well as the advantages of microgravity. The Greenies and Libs will fight against it until the bitter end, and lose.

  46. @ELImparableTony

    January 4, 2024 at 5:10 pm

    The Firmament all i got to say✝️

  47. @stoveguy2133

    January 4, 2024 at 5:10 pm

    Musk has space taxi service? Ain’t no damn mars crap. Waste of time/money.

  48. @replica1052

    January 4, 2024 at 5:10 pm

    (the surrection of mars should give humanity infinite economy as all of earth is to export to mars and everything from mars will be valuable – every mars garage will have orbital rockets )

  49. @thorddespace2773

    January 4, 2024 at 5:10 pm

    We must protect the Asteroids from being hauled to the melting ovens; somebody will soon cry.

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