The Elysium effect: The coming backlash to the billionaire ‘NewSpace’ revolution
In the 2013 science fiction film “Elysium” starring Matt Damon, Earth’s wealthiest 0.01% move to the ultimate gated community, a luxurious orbiting space colony, leaving a poverty-stricken humanity to fend for themselves on a ravaged planet.
Interestingly, it is indeed some of today’s 0.1% who are leading the way into space to build communities beyond Earth. However, quite the opposite of the movie, their goals are of the highest order, from democratizing access to space by lowering costs, to creating new products and ideas, to helping save the planet and opening space to future generations.
As in any good social movement, there is a need for bad guys, and these guys are easy icons of evil to many. And there may be no easier target they could present than a shiny private rocketship or space station — even if it is for a good cause.
Though they have many flaws, including the accumulation of lots of money, these space pioneers are actually trying to do something good for humanity and the planet. And while they may not be the cuddliest of people, just look at their other projects and goals: Musk builds electric cars and solar power systems, Bezos wants to move polluting heavy industry off planet – even as Amazon pushes towards zero emissions, and Branson is a long time champion of social and environmental causes.
Yet these visionaries, who author Christian Davenport called “The Space Barons” are often portrayed as rich boys with fancy toys.
Things will get worse when the next wave of terribly branded “space tourists” begin to fly. Bezos’ Blue Origin and Branson’s Virgin Galactic will charge over $200,000 for excursions to the edge of space, while newcomer Axiom Space Systems and SpaceX will offer flights to and beyond the International Space Station for a few tens of millions, and even loop the Moon for a just few hundred million more.