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Billionaires going to space aim to industrialize the moon, asteroids, and Mars. It's time to set some ground rules. [Business Insider]

Virgin Galactic Holdings, Inc. (SPCE) 
A few treaties have set norms for space exploration between countries, but there are no hard rules. As entrepreneurs plan asteroid mines and Mars settlements, it's up to governments to set some ground rules. The space business is in bloom and, so far, it's largely unregulated. A commercial spacecraft touched down on the moon for the first time last month, in a NASA-sponsored mission by the Houston-based company Intuitive Machines. Then last week, SpaceX's Starship mega-rocket finally launched into space and cruised above Earth without exploding. Both achievements were major leaps forward for NASA's new moon program, which aims to return astronauts to the lunar surface using Starship. In fact, NASA's biggest plans — to replace the aging space station, establish a permanent base on the moon, and send astronauts to Mars — depend on companies like SpaceX or Jeff Bezos's Blue Origin But the billionaires helming those companies have even bigger plans. Elon Musk has said he pl Show less Read more
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