1 00:00:00,200 --> 00:00:04,600 Speaker 1: Now here's a highlight from Coast to Coast AM on iHeartRadio, 2 00:00:04,920 --> 00:00:07,720 Speaker 1: and we're back. Robert Zubern back with US, president of 3 00:00:07,800 --> 00:00:11,080 Speaker 1: Pioneer Astronautics and the Mars Society, as well as a 4 00:00:11,160 --> 00:00:15,320 Speaker 1: Senior Fellow with the Center for Security Policy. Robert has 5 00:00:15,360 --> 00:00:18,599 Speaker 1: studied and researched in the fields of aerospace and energy. 6 00:00:18,960 --> 00:00:22,000 Speaker 1: He has a PhD as well. His latest book is 7 00:00:22,040 --> 00:00:25,400 Speaker 1: called The Case for Space and Robert, always a pleasure 8 00:00:25,440 --> 00:00:28,240 Speaker 1: to have you on the show. Thanks for inviting me back. 9 00:00:28,480 --> 00:00:32,319 Speaker 1: How have you been pretty good? Pretty good? The new 10 00:00:32,360 --> 00:00:35,640 Speaker 1: book is coming out tomorrow, so our timing is perfect 11 00:00:35,680 --> 00:00:38,519 Speaker 1: for this, Yes it is. And I noticed in one 12 00:00:38,560 --> 00:00:40,760 Speaker 1: of the releases we had a little quote from buzz 13 00:00:40,800 --> 00:00:44,639 Speaker 1: Aldren who's all excited about this. He's still out there 14 00:00:44,680 --> 00:00:48,720 Speaker 1: doing his thing, isn't he? Yes, he is. He is 15 00:00:49,000 --> 00:00:53,840 Speaker 1: the one astronaut who didn't just, you know, take as 16 00:00:53,960 --> 00:00:56,840 Speaker 1: Apollo Grander as a career move and move on to 17 00:00:56,920 --> 00:01:00,840 Speaker 1: the board of something. This guy wants to become a 18 00:01:00,880 --> 00:01:04,640 Speaker 1: space faring species. He stayed in the trenches, didn't he. Yep, 19 00:01:05,319 --> 00:01:08,240 Speaker 1: he really did. And I ran into him. I was 20 00:01:08,280 --> 00:01:11,160 Speaker 1: on the Larry King Show years ago with him as 21 00:01:11,200 --> 00:01:13,200 Speaker 1: one of the guests as well. And he's just a 22 00:01:13,640 --> 00:01:16,039 Speaker 1: just a nice guy. You know. You think he's mister 23 00:01:16,160 --> 00:01:18,520 Speaker 1: Tuffey all the time when you hear that story about 24 00:01:19,000 --> 00:01:21,200 Speaker 1: he punched it and out that fellow who told him 25 00:01:21,200 --> 00:01:22,920 Speaker 1: swear on a bible that you went to the moon 26 00:01:23,000 --> 00:01:26,839 Speaker 1: and stuff like it. But he's a decent, nice American 27 00:01:27,000 --> 00:01:30,680 Speaker 1: and it was proud to meet him. It really was. Yep, 28 00:01:30,920 --> 00:01:37,040 Speaker 1: I know him. The Case for Space tell me about this, well, 29 00:01:37,560 --> 00:01:40,720 Speaker 1: the Case for Space. The subtitle is how the Revolution 30 00:01:40,800 --> 00:01:46,040 Speaker 1: in spaceflight opens up a future of limitless possibility. So 31 00:01:46,280 --> 00:01:49,000 Speaker 1: that's the thesis of the book. It starts with the 32 00:01:49,040 --> 00:01:52,560 Speaker 1: revolution in spaceflight, which is going on now, and it 33 00:01:52,840 --> 00:01:57,480 Speaker 1: is a revolution, you know. Of course, the most promitive 34 00:01:57,480 --> 00:02:05,080 Speaker 1: example is Elon Musky Sex Company. You know, in February 35 00:02:05,080 --> 00:02:07,240 Speaker 1: of last year they had the first flight of the 36 00:02:07,280 --> 00:02:12,480 Speaker 1: Falcon Heavy. Now this thing. In two thousand and ten, 37 00:02:12,600 --> 00:02:16,560 Speaker 1: Norm Augustine predicted for President Obama that a heavy lith 38 00:02:16,639 --> 00:02:19,600 Speaker 1: vehicle would take twelve years to develop and thirty six 39 00:02:19,600 --> 00:02:23,320 Speaker 1: billion dollars. SpaceX did it in six years for less 40 00:02:23,320 --> 00:02:27,320 Speaker 1: than one billion dollars to capital. It's three quarters reusable, 41 00:02:28,040 --> 00:02:31,560 Speaker 1: and he has lowered the price of space launch by 42 00:02:31,560 --> 00:02:34,320 Speaker 1: a factor of five over the past ten years. Now 43 00:02:34,840 --> 00:02:39,600 Speaker 1: that's also something because see, look, you know, space technology 44 00:02:39,639 --> 00:02:43,080 Speaker 1: advanced very rapidly from Sputnik in nineteen fifty seven to 45 00:02:43,120 --> 00:02:46,519 Speaker 1: the Moon landing nineteen sixty nine. Okay, in that period, 46 00:02:46,639 --> 00:02:48,880 Speaker 1: we developed pretty much the whole bag of tricks, the 47 00:02:49,480 --> 00:02:55,560 Speaker 1: launch vehicles, in space, life support, spacecraft, deep space communication, navigation, 48 00:02:55,760 --> 00:03:02,519 Speaker 1: reentry technology, space rendezvous technology, space everything. Okay, but then 49 00:03:02,600 --> 00:03:06,040 Speaker 1: there's been stagnation. That is, for example, the cost of 50 00:03:06,160 --> 00:03:09,920 Speaker 1: space launch didn't drop a penny from nineteen seventy to 51 00:03:10,000 --> 00:03:13,520 Speaker 1: two thou and ten. So for we had, you know, 52 00:03:13,960 --> 00:03:17,280 Speaker 1: twelve years of very rapid progress followed by forty years 53 00:03:17,320 --> 00:03:21,040 Speaker 1: of stagnation. But then over the past ten years, SpaceX 54 00:03:21,040 --> 00:03:24,120 Speaker 1: first by introducing the Falcon nine is a cheaper launch 55 00:03:24,200 --> 00:03:27,640 Speaker 1: vehicle than making it reusable, making it much cheaper still 56 00:03:27,880 --> 00:03:31,320 Speaker 1: than the Falcon Heavy, making it even cheaper. They have 57 00:03:32,200 --> 00:03:34,600 Speaker 1: reduced the cost of space launch by a factor of five. 58 00:03:34,720 --> 00:03:37,320 Speaker 1: And now they're working on this thing they called the Starship. 59 00:03:37,680 --> 00:03:39,720 Speaker 1: It's not a starship like the Enterprise doesn't go to 60 00:03:39,760 --> 00:03:42,800 Speaker 1: the stars, but it is a fully reusable heavy lift 61 00:03:42,880 --> 00:03:45,800 Speaker 1: launch vehicle and it'll probably cut the cost of space 62 00:03:45,880 --> 00:03:51,080 Speaker 1: launch down by another factor. So you know, but even 63 00:03:51,200 --> 00:03:55,160 Speaker 1: more than that, what Musk is done is proven a point. 64 00:03:55,240 --> 00:03:59,280 Speaker 1: It's proven that it is possible for a well led, lean, 65 00:03:59,640 --> 00:04:04,040 Speaker 1: entrepreneur neurial team to do things that it was previously 66 00:04:04,080 --> 00:04:07,400 Speaker 1: thought that only the governments of superpowers could do, and 67 00:04:07,520 --> 00:04:11,000 Speaker 1: not only that, do it in half or one third 68 00:04:11,080 --> 00:04:14,320 Speaker 1: the time at one tenth or one thirtieth the cost. 69 00:04:15,000 --> 00:04:17,520 Speaker 1: And as a result of that, they have sparked an 70 00:04:17,640 --> 00:04:21,039 Speaker 1: entrepreneurial space race because other people are looking at that 71 00:04:21,120 --> 00:04:23,200 Speaker 1: and saying, I want to do that too. I'm going 72 00:04:23,279 --> 00:04:25,880 Speaker 1: to get into this game. And you've got not only 73 00:04:25,920 --> 00:04:29,400 Speaker 1: other billionaires like Jeff Bezos and Richard Branson doing it, 74 00:04:29,839 --> 00:04:33,760 Speaker 1: you have working engineers, middle class people who are getting 75 00:04:33,839 --> 00:04:36,679 Speaker 1: investments behind them of one hundred million dollars, two hundred 76 00:04:36,720 --> 00:04:40,720 Speaker 1: million dollars, three hundred million dollars and starting their own 77 00:04:40,800 --> 00:04:46,280 Speaker 1: launch companies. And people from countries that don't even have 78 00:04:46,320 --> 00:04:50,680 Speaker 1: space programs, like New Zealand has not the government of 79 00:04:50,720 --> 00:04:53,160 Speaker 1: New Zealand but a private company in New Zealand. And 80 00:04:53,240 --> 00:04:56,200 Speaker 1: New Zealand's never had a space program, has it, Yes, Well, 81 00:04:56,240 --> 00:05:00,880 Speaker 1: they've restored it now, but not the government, a private 82 00:05:00,880 --> 00:05:05,520 Speaker 1: company right right, and the So this is happening. There's 83 00:05:05,560 --> 00:05:09,240 Speaker 1: one in Ukraine, there's five in China, and the the 84 00:05:09,440 --> 00:05:12,640 Speaker 1: the and and they're going for it, and they're going 85 00:05:12,680 --> 00:05:14,880 Speaker 1: to be competing with each other, and they're going to 86 00:05:14,920 --> 00:05:18,120 Speaker 1: be knocking the price down evermore. They're going to be 87 00:05:18,160 --> 00:05:22,080 Speaker 1: introducing new technologies. You know, you have much more creativity 88 00:05:22,200 --> 00:05:25,760 Speaker 1: going on here. And by reducing the cost of space launch, 89 00:05:25,800 --> 00:05:27,040 Speaker 1: it's going to mean that there's going to be a 90 00:05:27,080 --> 00:05:30,760 Speaker 1: lot more space launches, which also means there's going to 91 00:05:30,839 --> 00:05:34,080 Speaker 1: be a lot more new technologies tried on the spacecraft side. 92 00:05:34,640 --> 00:05:36,920 Speaker 1: And with the cost of the launch going down, the 93 00:05:37,040 --> 00:05:39,919 Speaker 1: spacecraft designers are not going to have to be so conservative. 94 00:05:39,920 --> 00:05:42,680 Speaker 1: They're not going to always say, well, I'm not going 95 00:05:42,720 --> 00:05:45,120 Speaker 1: to use anything that hasn't been used before, which has 96 00:05:45,160 --> 00:05:48,400 Speaker 1: basically been what people said for the past forty years, 97 00:05:49,240 --> 00:05:51,920 Speaker 1: which of course leads to complete stagnation. They say, let's 98 00:05:51,960 --> 00:05:54,680 Speaker 1: try something new here, let's this looks better, let's let's 99 00:05:54,680 --> 00:05:57,280 Speaker 1: get this a try. We can take the chance, and 100 00:05:57,400 --> 00:06:00,720 Speaker 1: as a result of that, the spacecraft technology is going 101 00:06:00,760 --> 00:06:06,040 Speaker 1: to start racing ahead. So um you know, there was 102 00:06:06,680 --> 00:06:11,360 Speaker 1: you know, the ancients, you know, um, and then there 103 00:06:11,480 --> 00:06:14,520 Speaker 1: was the Dark Age, and now we're in the renaissance here. Yeah, 104 00:06:14,600 --> 00:06:17,720 Speaker 1: we are one of our countries like Russia and China. 105 00:06:17,839 --> 00:06:21,719 Speaker 1: Will they continue to push through through their governments their 106 00:06:21,760 --> 00:06:26,480 Speaker 1: space programs or will privatization take over in those countries too? Well? 107 00:06:26,520 --> 00:06:29,760 Speaker 1: In all these places, as there is here, there will 108 00:06:29,839 --> 00:06:37,239 Speaker 1: always remain this government bureaucracy space program and its allied 109 00:06:37,279 --> 00:06:42,440 Speaker 1: corporations and uh to and and they will be an 110 00:06:42,480 --> 00:06:47,000 Speaker 1: obstacle to innovation. But uh if in order to keep up, 111 00:06:47,040 --> 00:06:49,120 Speaker 1: they're going to have to let the cat out of 112 00:06:49,160 --> 00:06:53,480 Speaker 1: the bag because these sorts of organizations simply cannot keep up. 113 00:06:53,520 --> 00:06:56,800 Speaker 1: And I was in China a month ago, and I 114 00:06:56,839 --> 00:07:00,240 Speaker 1: was invited to witness a space launch by an entrepreneural 115 00:07:00,320 --> 00:07:04,360 Speaker 1: space company, private company, private Chinese company. Okay, that's right. 116 00:07:04,800 --> 00:07:08,880 Speaker 1: And they now this was not a launch that went 117 00:07:08,960 --> 00:07:12,600 Speaker 1: all the way to space. They this was on the 118 00:07:12,640 --> 00:07:16,360 Speaker 1: outskirts of a seaside town in Shandong Province, was on 119 00:07:16,440 --> 00:07:22,960 Speaker 1: the coast. And um, they launched this rocket up about 120 00:07:23,000 --> 00:07:27,760 Speaker 1: one hundred feet and the wind was blowing like twenty knots. 121 00:07:27,840 --> 00:07:30,720 Speaker 1: NASA would not have launched in this wind. But they 122 00:07:30,800 --> 00:07:33,400 Speaker 1: launched and they went up about one hundred feet and 123 00:07:33,440 --> 00:07:37,280 Speaker 1: they hovered there completely motionless, despite the wind, and then 124 00:07:37,320 --> 00:07:40,200 Speaker 1: they brought it back down to land exactly in the 125 00:07:40,240 --> 00:07:43,520 Speaker 1: center of the launch. It was. It was a tour 126 00:07:43,640 --> 00:07:48,600 Speaker 1: de force and the and it was a very young team. 127 00:07:48,640 --> 00:07:51,280 Speaker 1: The CEO of this company is twenty six years old. 128 00:07:52,400 --> 00:07:56,640 Speaker 1: And the expertise they demonstrate was remarkab, where'd they get 129 00:07:56,680 --> 00:08:01,360 Speaker 1: their money? Well, um, the CTO of Ali Baba, which 130 00:08:01,440 --> 00:08:05,560 Speaker 1: is okay, that's like the Amazon of China. Yeah, he 131 00:08:05,760 --> 00:08:09,360 Speaker 1: was there, Okay, so I guess that's where they're getting 132 00:08:09,400 --> 00:08:12,400 Speaker 1: their money. He must have been the money person. Indeed, yeah, 133 00:08:12,480 --> 00:08:16,080 Speaker 1: so um yeah in China, you know, they have their 134 00:08:16,080 --> 00:08:19,280 Speaker 1: own version. They have ali Baba instead of Amazon. They 135 00:08:19,280 --> 00:08:21,440 Speaker 1: have their own version of Uber, they have their own 136 00:08:21,520 --> 00:08:24,120 Speaker 1: version of Apple Pay, they have their own version of Google. 137 00:08:24,680 --> 00:08:29,000 Speaker 1: It's like a parallel universe. But anyway, they copy everything 138 00:08:29,040 --> 00:08:33,679 Speaker 1: we do, right they do, And now they're copying reusable 139 00:08:33,720 --> 00:08:39,640 Speaker 1: space launch vehicles now. So now Russia, I know there 140 00:08:39,679 --> 00:08:41,480 Speaker 1: are people in Russia that want to do it, but 141 00:08:41,520 --> 00:08:44,960 Speaker 1: the problem in Russia is the government is such a 142 00:08:45,000 --> 00:08:48,360 Speaker 1: bunch of crooks that anyone who would start their own 143 00:08:48,440 --> 00:08:50,760 Speaker 1: SpaceX would have to be afraid that someone in the 144 00:08:50,840 --> 00:08:53,520 Speaker 1: Kremlin would steal it from the steal or get greased 145 00:08:53,640 --> 00:08:56,640 Speaker 1: or something like that. They want some money doing the deal, 146 00:08:56,640 --> 00:08:59,400 Speaker 1: and so if Russia wants to play this game, they're 147 00:08:59,400 --> 00:09:01,920 Speaker 1: going to have to form. Robert, let me ask you 148 00:09:01,960 --> 00:09:04,600 Speaker 1: a dark question as we get into this incredible story 149 00:09:04,640 --> 00:09:07,320 Speaker 1: that you've written a course, The Case for Space the 150 00:09:07,360 --> 00:09:11,160 Speaker 1: book that comes out in the in the morning, What 151 00:09:11,320 --> 00:09:16,280 Speaker 1: about the possibilities of all these private companies worldwide that 152 00:09:16,320 --> 00:09:19,280 Speaker 1: are getting into this, that are launching rockets or will 153 00:09:19,320 --> 00:09:22,840 Speaker 1: have the potential to launch rockets, to also have the 154 00:09:22,920 --> 00:09:26,720 Speaker 1: potential to launch a nuke. And we don't know who 155 00:09:26,720 --> 00:09:30,199 Speaker 1: it is, where they are, but it could happen. Is 156 00:09:30,240 --> 00:09:36,160 Speaker 1: that a danger? I don't think so. Uh, you know. 157 00:09:36,240 --> 00:09:39,000 Speaker 1: I mean, firstly, you got to happen the nukeh and 158 00:09:39,200 --> 00:09:43,880 Speaker 1: nukes aren't very much the possession of governments so far 159 00:09:44,040 --> 00:09:49,760 Speaker 1: the the yeah, so you know, um, and it's just 160 00:09:49,920 --> 00:09:53,920 Speaker 1: not in the interest of a private company to launch 161 00:09:54,080 --> 00:09:59,120 Speaker 1: a nuke. And no, I don't think that's what this 162 00:09:59,200 --> 00:10:05,400 Speaker 1: is about. I actually think that, as I explained in 163 00:10:05,440 --> 00:10:09,120 Speaker 1: the book, and one of the later chapters. I think 164 00:10:09,120 --> 00:10:11,840 Speaker 1: the opening of the space Frontier will do more to 165 00:10:11,880 --> 00:10:15,360 Speaker 1: prevent war than almost anything else, because what it will 166 00:10:15,440 --> 00:10:21,920 Speaker 1: do is refute the fundamental idea that caused the catastrophes 167 00:10:21,960 --> 00:10:25,160 Speaker 1: of the twentieth century, which is that there isn't enough 168 00:10:25,200 --> 00:10:29,200 Speaker 1: to go around, that there's only so much here, and 169 00:10:29,400 --> 00:10:31,520 Speaker 1: sooner or later we're going to have to fight over it. 170 00:10:31,840 --> 00:10:36,120 Speaker 1: I mean, you know, that is the underlying idea that 171 00:10:36,280 --> 00:10:40,200 Speaker 1: sent Germany against Russian the First World War and the Second. 172 00:10:40,320 --> 00:10:43,960 Speaker 1: And you know, let's take them out now before they developed, 173 00:10:43,960 --> 00:10:45,679 Speaker 1: because sooner or later we're gonna have to fight them. 174 00:10:46,000 --> 00:10:48,760 Speaker 1: And right now there is the hazard of such a 175 00:10:48,800 --> 00:10:51,560 Speaker 1: situation developing between the US and China. You know, there 176 00:10:51,679 --> 00:10:54,480 Speaker 1: is these planners in Washington look at China and they say, 177 00:10:54,640 --> 00:10:57,480 Speaker 1: if these guys all develop, those all have cars, there 178 00:10:57,520 --> 00:10:59,560 Speaker 1: won't be enough oil in the world. We have to 179 00:10:59,600 --> 00:11:02,520 Speaker 1: stop it. The Chinese looking at the situation to the 180 00:11:02,520 --> 00:11:05,400 Speaker 1: other side of the chessboard, thinking the same thing about us. 181 00:11:06,160 --> 00:11:09,200 Speaker 1: But it's all nonsense. We opened up the universe. There's 182 00:11:09,240 --> 00:11:13,960 Speaker 1: infinite resources, and and and and the fact that the 183 00:11:14,040 --> 00:11:15,920 Speaker 1: Chinese are going to be competing with us in this 184 00:11:16,800 --> 00:11:21,960 Speaker 1: I think it's healthy. You know, in the sixties, you know, 185 00:11:22,040 --> 00:11:24,240 Speaker 1: the Cold War was deep, but you know, the space 186 00:11:24,360 --> 00:11:27,160 Speaker 1: race had a certain camaraderie to it, you know, and 187 00:11:27,200 --> 00:11:30,840 Speaker 1: the Russians were playing. There was a challenge to it too. 188 00:11:31,000 --> 00:11:33,720 Speaker 1: It was a challenge, you know. I was in Leningrad 189 00:11:33,760 --> 00:11:36,120 Speaker 1: when we landed on the Moon and the Russians I knew, 190 00:11:36,160 --> 00:11:38,240 Speaker 1: would you know, they punched me on the show. I said, 191 00:11:38,280 --> 00:11:40,880 Speaker 1: Malodets were just like that a boy. You know. It's 192 00:11:40,920 --> 00:11:43,840 Speaker 1: like we had excelled in a sport that they respected. 193 00:11:44,000 --> 00:11:46,520 Speaker 1: They were happy, Yeah, well they were. I mean, I'm 194 00:11:46,559 --> 00:11:49,679 Speaker 1: sure the leaders were not happy, but the regular people 195 00:11:50,480 --> 00:11:56,400 Speaker 1: were about it. Yeah, and um, you know so uh 196 00:11:56,440 --> 00:12:02,640 Speaker 1: and and and you know, this new space race, it's 197 00:12:02,720 --> 00:12:05,280 Speaker 1: going to make it possible not just to go to 198 00:12:05,360 --> 00:12:09,080 Speaker 1: the Moon and Mars, but to go ever more cheaply, 199 00:12:09,160 --> 00:12:12,360 Speaker 1: so that it won't just be a government stunt. It 200 00:12:12,440 --> 00:12:17,160 Speaker 1: will be opening a frontier. It will make possible colonization, settlement, 201 00:12:17,200 --> 00:12:21,559 Speaker 1: the development of new branches of human civilization in these places. 202 00:12:21,559 --> 00:12:27,040 Speaker 1: This is a grand future that that's being opened up here. 203 00:12:27,080 --> 00:12:29,800 Speaker 1: I mean, you know, I'll tell you what I think, George. 204 00:12:29,880 --> 00:12:32,319 Speaker 1: I think that five hundred years from now, the vast 205 00:12:32,360 --> 00:12:34,720 Speaker 1: majority of the human race will not be living on Earth. 206 00:12:34,880 --> 00:12:36,520 Speaker 1: It will still be billions of people on Earth, but 207 00:12:36,559 --> 00:12:38,640 Speaker 1: we're going to be on thousands of other planets, to 208 00:12:39,280 --> 00:12:42,079 Speaker 1: orbiting stars in this region of the galaxy. And when 209 00:12:42,080 --> 00:12:43,640 Speaker 1: they look back at this time, you know what they're 210 00:12:43,679 --> 00:12:46,280 Speaker 1: gonna think. They're gonna think this is the beginning of history. 211 00:12:46,720 --> 00:12:50,200 Speaker 1: We're present to the creation. Well, we might be living 212 00:12:50,240 --> 00:12:53,800 Speaker 1: on Mars if they ever terraformed the place. So yeah, 213 00:12:53,880 --> 00:12:59,199 Speaker 1: well that too, um, but you know, um, this uh, 214 00:13:00,200 --> 00:13:03,040 Speaker 1: this point that Musk has made that the entrepreneurs can 215 00:13:03,120 --> 00:13:06,600 Speaker 1: do this kind of stuff that it was thought that 216 00:13:06,640 --> 00:13:10,080 Speaker 1: only superpowers could do. This has spread to other fields 217 00:13:10,120 --> 00:13:14,240 Speaker 1: that we're having an entrepreneurial race. Let loose infusion power 218 00:13:14,559 --> 00:13:17,240 Speaker 1: because people, you know, fusion power is one of these 219 00:13:17,280 --> 00:13:19,560 Speaker 1: things like cheap space launch that was always going to 220 00:13:19,559 --> 00:13:22,480 Speaker 1: be in the future and never came around. People start 221 00:13:22,520 --> 00:13:24,920 Speaker 1: looking at this and say, maybe the problem here is 222 00:13:24,960 --> 00:13:29,120 Speaker 1: like cheap space launch, maybe it wasn't fundamentally a technical problem, 223 00:13:29,160 --> 00:13:32,640 Speaker 1: Maybe it was an institutional problem. And you're getting fusion 224 00:13:32,679 --> 00:13:37,200 Speaker 1: power startups now that are getting funded the two hundred 225 00:13:37,200 --> 00:13:40,440 Speaker 1: million dollars five hundred million dollars. We're going to have 226 00:13:40,480 --> 00:13:44,960 Speaker 1: an entrepreneurial we already have it now, a fusion power race, 227 00:13:45,520 --> 00:13:48,360 Speaker 1: and this is going to create unlimited energy, and it's 228 00:13:48,360 --> 00:13:52,760 Speaker 1: going to create new kinds of space propulsion systems that 229 00:13:52,800 --> 00:13:55,000 Speaker 1: will make it possible not only to get to Mars 230 00:13:55,320 --> 00:13:59,640 Speaker 1: much faster, but will ultimately make possible interstellar travel. Robert, 231 00:13:59,679 --> 00:14:03,640 Speaker 1: we've got the elon Musk SpaceX, Jeff Bezos says, Blue Origin, 232 00:14:04,600 --> 00:14:07,920 Speaker 1: which one do you think is ahead? Well, right now, 233 00:14:07,960 --> 00:14:13,439 Speaker 1: SpaceX is ahead. There's no question about that. I mean, 234 00:14:13,520 --> 00:14:16,719 Speaker 1: the Blue Origin has not even reached orbit yet. SpaceX, 235 00:14:17,280 --> 00:14:21,360 Speaker 1: you know, last year took over a quarter of the 236 00:14:21,520 --> 00:14:25,480 Speaker 1: entire world market of space launches, and really more than 237 00:14:25,560 --> 00:14:28,320 Speaker 1: half if you consider the fact that the other half 238 00:14:28,800 --> 00:14:31,920 Speaker 1: was in Russian China and was walled off from competition. 239 00:14:33,480 --> 00:14:37,720 Speaker 1: The the them. Now it's it's a tortoise and a 240 00:14:37,760 --> 00:14:42,040 Speaker 1: hair deal here. Musk is much more aggressive. He skates 241 00:14:42,080 --> 00:14:45,640 Speaker 1: closer to the edge of the ice, takes chances, and 242 00:14:45,720 --> 00:14:49,680 Speaker 1: he pushes like mad. All right, Now, here's the thing. 243 00:14:51,000 --> 00:14:55,120 Speaker 1: Bezos is moving slow and steady, and he has much 244 00:14:55,240 --> 00:15:02,000 Speaker 1: larger resources than Musk. I would estimate he's maybe six 245 00:15:02,120 --> 00:15:04,720 Speaker 1: to ten times richer than Musk, I mean Russ and 246 00:15:05,000 --> 00:15:09,200 Speaker 1: he probably still has access to other capital too well. Yes, now, 247 00:15:09,640 --> 00:15:14,800 Speaker 1: so the issue is this, Okay, the Blue origins great 248 00:15:14,840 --> 00:15:18,680 Speaker 1: strength is that they have unlimited funds. They're greatest weakness 249 00:15:18,720 --> 00:15:22,160 Speaker 1: is that they have unlimited funds. Because if you have 250 00:15:22,200 --> 00:15:25,760 Speaker 1: unlimited funds, you have unlimited time, or you think you do. 251 00:15:26,960 --> 00:15:31,040 Speaker 1: And whereas Musk understands, he's got to watch the bottom line, 252 00:15:31,600 --> 00:15:35,080 Speaker 1: that's right, And an aerospace cost is people times time. 253 00:15:35,120 --> 00:15:37,880 Speaker 1: So the faster you get something done, the cheaper it is. 254 00:15:38,560 --> 00:15:43,080 Speaker 1: And therefore he is in a hurry. Bezos is not 255 00:15:43,200 --> 00:15:46,120 Speaker 1: in a hurry. He's going to take less chances. But 256 00:15:46,600 --> 00:15:48,760 Speaker 1: I think he needs to pick up the pace if 257 00:15:48,840 --> 00:15:52,240 Speaker 1: he wants to catch Musk. Listen to more Coast to 258 00:15:52,280 --> 00:15:56,120 Speaker 1: Coast AM every weeknight at one am Eastern and go 259 00:15:56,200 --> 00:15:58,440 Speaker 1: to Coast to Coast am dot com for more