Capitalisms Next Frontier Competing In Outer Space A Case Solution

As an industry remains on the frontier as the time goes by, the entrepreneur starts understanding the kind of risks that he may have to face. In addition the government grants resources to the investor due to which they are seamlessly attracted. Personal investment of the entrepreneur can be replaced by grants from angel investors or venture capitalists. As the industry continues to function, cash that is generated may exist in the form of retained earnings and personalized assets (Theyel, 2017). 

In 2014, Google rented a NASA-owned airfield for $1.16 billion. The site was supposed to be used by Google for its Planetary Ventures division for space exploration. In 2015, Google and Fidelity Investments invested $1 billion in Space X. In 2015, the space industry was worth $300 billion and had an annual growth of 8 percent. The emergence of new vehicles due to technological innovations was further lowering the launch costs of missions. Despite various costs and challenges, NASA planned successful space missions. The termination of the Space Shuttle Program by NASA in 2011 accelerated the emergence of space ventures that were privately funded.