Pros And Cons Of Space Privatization

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In history, we have done amazing things with space exploration. Now private companies want a turn at it. Space Privatization is being debated on whether or not we should allow it. Space privatization would be good because it could provide economical advantages, open up more technological and engineering jobs in these fields and it could help us catch up with space travel with other countries currently leading like Russia. If space privatization is allowed, it could provide exceptional economical advantages. With all the extra money and revenue companies can make, workers can have increase salaries, promotions, etc. As the more money they can make, the more money they can invest in future projects, increase salaries to workers and supervisors. However, according to a TechCrunch online article, “if the company …show more content…
Since America is the current leader in space exploration and research, the Soviet Union are building lots of new technologies years above us and the other countries. It might be to say NASA can’t keep up. And on top of that, the Soviets and China has always been on our tails and if NASA can’t step it up, they might one day surpass us with there new technologies. But with the help of private organizations, we could stay in the lead and dominate in this. We could even bring back notable awards for our country. However, if NASA can let it be privatized, the “program will have broader implications, with a government subsidy of a corporate enterprise helping to touch off a vast commercial space industry. Foreign governments, scientists and the ultra-wealthy could perhaps also be able to purchase seats on the space ships.” (Standard Examiner NASA Prepares for Giant Leap into Privatized Space Travel Par
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