Who owns the moon?

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Who owns the moon?
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Who owns the moon? It’s either everyone, no one, or a guy named Dennis

Back in 1980, a former ventriloquist and car salesman named Dennis Hope was out of work, going through a divorce and struggling to make ends meet. As he tells it, he was driving along wondering what he could do for cash flow when he looked through the car window, saw the moon and thought: “Now there’s a lot of property.”

Left: A copy of a deed for an acre of the moon signed by Dennis Hope; Right: Hope with copies of a lunar property deed and a map of Mars. | James Cheadle for POLITICO Asteroids contain water and other materials that can help sustain life and potentially power spacecraft beyond Earth. There are at least 15,000 “near-Earth” asteroids alone; these asteroids carry an estimated 2 trillion tons of water, according to some estimates. Think of them as potential gas stations, or convenience stores, for space travelers.

President Donald Trump, meanwhile, has ordered the creation of a U.S. Space Force, leading to concerns that the U.S. may violate the Outer Space Treaty itself as it enhances its military defenses.Such questions are spurring debate on the international level about whether it’s time to come up with new treaties or international regulatory regimes for space activity, agreements that could complement or even supersede the 52-year-old pact that Dennis Hope discovered.

Those who oppose revising or creating new treaties argue that the laws and norms of space need to develop piecemeal. They’d prefer to see the continued establishment of bilateral agreements between countries, for instance, that can tackle cooperation or conflict resolution. In addition, the U.N. Committee on the Peaceful Uses of Outer Space has over the decades laid out nonbinding mechanisms and guidelines for the use of space.

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