Where si the down side in privatization? Private industry has incentives to deliver more for less, NASA just like to take big piles of money and light them on fire, dancing around them gleefully.

The real goal SHOULD be harnessing in-situ resources in space. Especially water on the moon. That has got to be the most valuable resource in the history of mankind, more valuable potentially than all the oil in the middle east. So the goal is to go get it.

One can argue a privatized approach to space exploration would incentivize companies to go after those resources, with an eye towards a longterm payoff. But long term is 20 years or more. I'm not sure if any western companies think that far ahead.

But the Chinese do.

:-)

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