Market Indicators
- JSE All Share (ALSI) 67,427.93
- Rand/Euro R 17.11
- Rand/Pound R 19.94
- Rand/US Dollar R 14.50
- Rand/Aus Dollar R 10.59
The Race to Space
Late in 2020, NASA led the establishment of what is known as the Artemis Accords. The intention here is to lay the groundwork for global agreement on what countries are allowed to do when making the great journey into outer space. This would potentially govern aspects like safety and emergency support; extraction of resources; standardization of equipment used in space stations and other shared infrastructure; setting policies for scientific research and information sharing and setting standards for historical preservation of landing sites and other noteworthy items. Essentially, Earth is colonizing the Moon, Mars and other astronomical objects, creating an 8th continent in many respects.
With the last lunar landing in 1972, why the sudden interest?
It appears there is money to be made. In this month’s article we look at why an increasing number of innovative global companies are choosing to remain private, rather than listing on the public markets, and what this means for investors.
