Who Owns a Trillion-Dollar Asteroid? episode artwork

EPISODE · Apr 15, 2026 · 27 MIN

Who Owns a Trillion-Dollar Asteroid?

from Thinking On Paper · host Mark Fielding and Jeremy Gilbertson

This episode of Thinking on Paper uses Space to Grow to examine who has the right to mine the Moon, extract resources from asteroids and build commercial activity beyond Earth.The Outer Space Treaty prohibits national sovereignty over celestial bodies, but it leaves important questions unresolved. Can companies own the resources they extract? Who grants mining rights? What happens when commercial claims, national security interests and international law collide?In this episode, we discuss:Who owns the Moon and other celestial bodiesWhether companies can legally mine lunar resourcesHow asteroid mining could workWhat the Outer Space Treaty says about ownershipWhy the Moon Treaty has limited international supportThe difference between owning territory and owning extracted resourcesWhich companies are trying to build a space-resource economyHow property rights could affect investment in lunar infrastructureThe role of the US Space Force in the commercial space economyHow China’s space programme is shaping strategic competitionWhy anti-satellite weapons threaten civilian and commercial systemsWhether competition for space resources could reproduce conflicts on EarthThe central legal problem is that space treaties were written before private companies could realistically reach the Moon, operate spacecraft at scale or plan commercial extraction.This conversation examines whether existing space law can govern a growing off-world economy, and how resource competition could affect security, diplomacy and the future of human activity in space.Please enjoy the show.--Thinking on paper is a technology podcast on The Social, Environmental, Cultural & Business Impacts Of Technology. --Chapters(00:00) Global Conflict(02:04) Human Nature (03:28) Asteroid Mining(05:53) Space Mining(11:05) The Space Resource Exploration Act(13:01) Space Mining Legislation(17:19) Philosophical Perspectives (20:14) National Security in Space(20:40) Government in Space Innovation(21:34) National Security (23:10) Weaponization of Space(24:47) The Prisoner's Dilemma (26:40) Humanity's Moral Compass (27:03) The Future of Humanity in Space

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