Read time: 7 minutes
Inhouse credit: Writer: Feba Nisha
Last updated: 21/10/2021
Image Credit: https://www.flickr.com/photos/futurilla/21903482502/
Colonization of the Moon - After the discovery of water on the lunar poles by India in its Chandrayaan-I mission on November 14, 2008, countries like US, Russia, China and some private companies have been eyeing on colonizing the moon.
Moon tourism - Space tourism is any commercial activity offering customers direct or indirect experience with space travel. Till date, seven private citizens have taken a total of eight trips to the International Space Station (ISS), paying an estimated $20-40 million each time. These private missions were brokered by the Virginia-based company Space Adventures and employs Russian Soyuz spacecraft and rockets. The newest player in the market is Elon Musk’s SpaceX, which announced that they will fly two private citizens to the Moon by 2018.
With space tourists come hotels and the Aurora Station is the next exciting real estate set to open up in space. The luxury space hotel orbits 200 miles above the Earth’s surface and costs $9.5 million to stay.
This article was developed in-house by Feba Nisha in collaboration with our team of lawyers and editors.
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