Space Economy | Pocket Byte #46
from The Wealth Effect Hosted by Alvin Grande
The $1 trillion IPO is just the beginning. For decades, space was a playground for governments with bottomless pockets and billionaires with a penchant for rockets. In 2026, it’s officially a line item on your taxes. You'll learn: The "Sinking Asset" Problem: Why a $500 million satellite is actually a $275,000-per-day "vanishing act" thanks to atmospheric drag. Orbital Real Estate: How small nations are monetizing their "slots" in the sky and why your next high-yield bond might be backed by a piece of the Geostationary Belt. Thermal Economics: Why the biggest bottleneck for AI isn't processing power—it’s the brutal cost of "radiating heat" into a vacuum. The Asteroid Loophole: The legal gymnastics of the Artemis Accords and why the first person to find a $10 trillion asteroid might accidentally bankrupt themselves.
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