Disclaimer:

Disclaimer: The blog posts and comments on this blog and posts on social networks are not investment recommendation, are provided solely for informational purposes, and do not constitute an offer or solicitation to buy or sell any securities. The opinions expressed on the blog are Petar Posledovich's. Petar Posledovich does not guarantee the accuracy of the information presented on this blog and social networks. The information presented is "as is". The blog is stocks analysis and valuation, Bitcoin, Cryptocurrencies, Artificial Intelligence, AI, deep-learning focused. Independent, unbiased AI insights. Petar Vladimirov Posledovich is not liable for any investment losses incurred by reading and interpreting blog posts on this blog and posts on social networks. Conflicts of interest: I may possess some of the securities, currencies or their derivatives mentioned in the blog post and posts on social networks! The blog is property of Wolfteam Ltd. www.wolfteamedge.com Respectfully yours, Petar Posledovich

Tuesday, May 9, 2023

The Most Exciting Industry

 

An article in a popular news site read something like this:  "If you want to be a trillionaire, try space mining."

It has been a known fact asteroids contain huge deposits of iron ore, gold, silver, base metals, diamonds etc.

This can help partly explain the stratospheric valuation multiples of companies like SpaceX, Virgin Galactic, Blue Origin, Intuitive Machines etc.

The promise of space is huge.

The next technology frontier is space. Artificial intelligence is a tool towards space, I think.

Both Elon Musk and Jeff Bezos' projections of travel, working and living on Mars and the Moon are quite optimistic, is Wolfteam Ltd.'s corporate valuation, view and evaluation.

In most cases, 'space is the final frontier' and sooner or later it would not be created and worked upon/in only 'in a Hollywood basement'.


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