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Elon Musk: The 'Natural Maniac'

I'm pretty sure someone gave him this mug when he was a kid...



and he took it literally

Love him or hate him, he's got big plans for humanity... and he's shooting way beyond the moon too

Let's quickly address the narcissistic personality... 👇


No-one should be shocked when people who think about the world in unique ways you like also think about the world in unique ways you don’t like
People love the visionary genius side of Musk, but want it to come without the side that operates in his distorted I-don’t-care-about-your-customs version of reality.
But I don’t think those two things can be separated.
They’re the risk-reward tradeoffs of the same personality trait.

Now, there's a space race going on

NASA wants to send astronauts to Mars, perhaps at some point in the 2030s.
The United Arab Emirates -- which now has a spacecraft orbiting the planet -- is promoting a 100-year plan to create a colony there.
While China has said sending humans to Mars is its long-term goal, those eager for a taste of Martian life can visit a simulation site in the Gobi desert for now.
The most ambitious of them all is billionaire Elon Musk. The founder of Space Exploration Technologies Corp. wants to send humans this decade, saying in an interview last year that he was confident a crewed mission could take place in 2026.
Many scientists, however, warn of too many unanswered questions confronting deep-space travel.
Musk has also acknowledged the risks, saying “it’s tough sledding over there.”
“Honestly, a bunch of people probably will die at the beginning,”

Elon Musk says a city on Mars is next ‘logical step’ for humanity
Mr Musk also said that the space industry should ‘consider the next step beyond space stations’


Pulling back slightly from these grand visions of humans living on Mars, the cost of travelling to space has drastically reduced...



Which means it's cheaper to try and mine on the moon, either to service a refuelling station/base for further space exploration or to find rare minerals that we can send back to the home planet.  

That's the plan 👇



China mulls $10 trillion Earth-moon economic zone
China is mulling of establishing an Earth-moon space economic zone by 2050, with insiders expecting the zone to generate $10 trillion a year.
Space mining is not science fiction, and Canada could figure prominently
Space mining might be closer than you think. But legal issues about the ownership of space resources must be urgently addressed to avoid space wars over natural resources.

These are all pretty lofty aspirations, but if you don't 'dream big' then nothing ever changes...

It's worked well for Musk so far, and Bezos' Blue Origin is in the mix too.

The minimum expectation is that this will drive the next wave of innovation (exactly as the first moon expeditions drove today's technologies)


In 2019, UBS predicted that super fast travel using outer space could become a $20 billion market, disrupting airlines...


A lengthy UBS report found that, in a decade, high speed travel via outer space will represent an annual market of at least $20 billion and compete with long-distance airline flights.
Space tourism will be a $3 billion market by 2030, UBS estimates.
“While space tourism is still at a nascent phase, we think that as technology becomes proven, and the cost falls due to technology and competition, space tourism will become more mainstream,” UBS analysts Jarrod Castle and Myles Walton wrote in the note. “Space tourism could be the stepping stone for the development of long-haul travel on earth serviced by space.”
UBS believes there will be very lucrative ramifications from the space flight efforts currently led by Virgin Galactic, SpaceX and Blue Origin.

🔥 Hot and 🚫 Not

🔥 Virgin Galactic's successful flight this weekend has brought that vision a step closer...


Virgin Galactic rocket plane flies to edge of space
Sir Richard Branson’s spaceplane completes the first of three key test flights above New Mexico.

If all goes well, the worlds richest will be hopping aboard within a couple of years.

Going to be hilarious when they use them to fly in to Davos and lecture everyone about climate change...

Space travel for me, energy transition for thee...

Anyway, the Space SPAC liked it...



Cannaccord Genuity see further upside, looking at a $35 target


🚫 Not so hot

Food prices, which is probably a good thing...



Pork prices fell too, as Chinese farmers fatten their pigs to excess...

Obese pigs in China are being blamed for worsening a sudden rout in the country’s pork prices.
Farmers have been fattening hogs since late last year to almost double their normal weight -- roughly the size of a pygmy hippo or a female polar bear -- in the hope the animals will generate higher returns should prices rebound.


Reasons to be cheerful! 🚀🚀🚀🚀🚀