Billionaires are investing in space. Will they make a profit?
Billionaires like Tesla CEO Elon Musk (TSLA) and Amazon founder Jeff Bezos (AMZN) are pouring their cash into exploring space. Space exploration is expensive, labor-intensive, time-consuming, and risky. Nothing is guaranteed. The Franklin Institute Chief Astronomer Derrick Pitts says it’s “exciting” that private money is flowing into space exploration, but the question remains: How will