Derek Lyons wrote:

So....what is the market/cargo for space?

That is, of course, the heart of the problem. Where there is a market
- comsats of various kinds - there is substantial investment and
interest; where there isn't one, or where at the very least no one has
thought of one, there's no investment and no interest (in the financial
world).

And there has been about a billion dollars of investment in private
space vehicles recently.


So?

So, significant money disagrees with Mr. Oldover (not surprising, since
most sensible people do).

Furthermore, much of the investment in private space is represented by
a few individuals - not the broader financial world.

Much of that money is state government money.