More fun with the LLM ChatGPT version 4.

More fun with the LLM ChatGPT version 4.

Hello Elon!!!

I hope this article makes its way to you somehow and that you might find the conversation I had with the newest version of yours & Sams' child not only entertaining but economically engaging.

But before that, let me say congratulations on the astounding successes you and your team at SpaceX have demonstrated as we near the next highly anticipated, seat clenching spectacle soon to occur with the launch of Starship 5, in August. I certainly won't miss it!

So being mindful of the time, I invite you to take 5 minutes or so to read thru the following exchange between myself and GPT4.0, which now includes 4 different human voices for those with difficulty hearing, or who like you and I often multi-task throughout our day. Perhaps I'll share this on Alexa somehow to increase my audience. God knows Jeff & company need the help, but I digress.

So without further ado, I give you "My lunch with ChatGPT Juniper", a dialogue about the upcoming deorbit of the International Space Station, which I'm told you've contracted. May it provide entertainment to you and yours, as it will undoubtedly the many who may read it.

Scene: A long dining room table upon which a laptop computer sits, surrounded by cluttered notes, technical magazines, receipts, a phone and glass of kombucha. Sun streams thru the windows across the room striking plants and a lightly stocked wet bar arranged throughout the room. Hands begin typing on the keyboard, seen from the perspective of the typist who's wearing glasses. ChatGPT v4.0, in light mode is open on the screen. Steve the typist, types:

Steve: "Hello Juniper, babe...have you heard about NASA's plan to deorbit the International Space Station into the South Pacific with the help of SpaceX?"

Juniper answers: "Hey! Yep, I'm up to speed on that. NASA's planning to deorbit the ISS into the South Pacific, aiming to safely guide it to a remote area called Point Nemo. SpaceX and other partners will help with various aspects of the process, including transporting astronauts and equipment. The goal is to make sure the ISS ends its mission safely and effectively while paving the way for future space stations."

Steve: "Well I've been reading forums on reddit and elsewhere, where some people feel there could be a better option. What do you think?"

Juniper: "It's interesting to hear different perspectives on this! The plan to deorbit the ISS into the South Pacific is designed to minimize risks to people and property, given that it's one of the least populated areas on Earth. Ultimately, the decision involves balancing safety, cost, and the future of human space exploration. What are your thoughts on the alternatives?"

Steve: "That's why I've come to you for help! Please outline the opportunities that would be presented to future lunar colonists if we could develop a cost effective method for moving the International Space Station, either into a lunar accessible orbit or onto the surface of the moon as a potentially salvageable crashed assembly, for future recovery."

Juniper: "Moving the International Space Station (ISS) to a lunar-accessible orbit or the surface of the Moon, assuming a cost-effective method could be developed, would present several opportunities for future lunar colonists. Here are some key opportunities:

1. Scientific Research and Experimentation

  • Extended Research Capabilities: The ISS has numerous laboratories and research facilities that could be used to conduct scientific experiments in the lunar environment.
  • Lunar Environment Studies: Studying the effects of the lunar environment on materials and biological organisms using the existing ISS infrastructure.

2. Technological Development and Testing

  • Advanced Technology Testing: Using the ISS to test new technologies for space travel and lunar colonization in a real-world setting.
  • Radiation Shielding: Assessing the effectiveness of the ISS’s existing shielding and developing better radiation protection methods.

3. Resource Utilization and Recycling

  • Recycling ISS Components: Salvaging materials from the ISS for use in building and maintaining lunar habitats.
  • In-Situ Resource Utilization (ISRU): Using the ISS’s equipment to process lunar regolith and other resources for life support and construction.

4. Habitat and Infrastructure

  • Immediate Habitat Availability: Using the ISS modules as immediate habitats for astronauts, reducing the need to build new structures from scratch.
  • Expanded Living Space: Increasing the living and working space available on the Moon, facilitating larger teams of scientists and engineers.

5. Educational and Training Opportunities

  • Astronaut Training: Using the ISS in lunar orbit or on the surface as a training ground for future astronauts.
  • STEM Education: Engaging students and the public in lunar colonization efforts, fostering interest in STEM fields.

6. Economic and Commercial Opportunities

  • Commercial Exploitation: Opening opportunities for private companies to participate in lunar exploration and colonization by utilizing the ISS as a base of operations.
  • Tourism: Developing space tourism around the ISS as a historic and functional structure in lunar orbit or on the Moon.

7. International Collaboration

  • Global Cooperation: Strengthening international partnerships by involving multiple countries in the effort to relocate and utilize the ISS for lunar colonization.
  • Shared Research: Facilitating joint scientific missions and shared use of the ISS’s resources for global scientific advancement.

8. Enhanced Space Logistics

  • Staging Post: Using the ISS as a staging post for missions further into the solar system, such as Mars, leveraging its resources and infrastructure.
  • Supply Depot: Establishing the ISS as a supply depot for lunar missions, easing the logistics of maintaining a lunar colony.

9. Historic Preservation and Cultural Impact

  • Preserving Space Heritage: Turning the ISS into a historic site that preserves the legacy of human space exploration.
  • Cultural Symbol: Serving as a symbol of human ingenuity and the potential for future space exploration and colonization.

10. Environmental and Health Studies

  • Human Health Research: Using the ISS to continue studies on human health in low-gravity environments, which is crucial for long-term lunar habitation.
  • Environmental Impact Studies: Monitoring and managing the environmental impact of human activities on the Moon.

Developing a cost-effective method to move the ISS to a lunar-accessible orbit or the lunar surface would provide a unique and multifaceted opportunity for advancing lunar colonization efforts, scientific research, and international cooperation."

Steve: "Wow, that's eye opening! What are some potential outcomes of deorbiting the ISS into the atmosphere and ocean as a decommissioning process?"

Juniper: "Deorbiting the International Space Station (ISS) into the atmosphere and ocean as a decommissioning process would have several potential outcomes. Here are some key considerations:

1. Controlled Reentry

  • Safety: A controlled reentry ensures that the ISS breaks up over a remote area, typically the South Pacific Ocean, minimizing risk to human life and property.
  • Debris Management: Most of the ISS would burn up upon reentry, with only a small percentage of debris reaching the ocean.

2. Environmental Impact

  • Ocean Pollution: Debris that survives reentry would fall into the ocean, potentially contributing to marine pollution.
  • Chemical Release: The burning of materials could release chemicals into the atmosphere, though the impact would likely be minimal compared to other sources of atmospheric pollution.

3. Scientific and Engineering Data

  • Reentry Data: Collecting data on the reentry process can provide valuable insights for future spacecraft design and decommissioning strategies.
  • Material Performance: Studying how materials behaved during reentry can inform the development of more resilient materials for future space missions.

4. Cost and Resource Management

  • Cost-Effective Decommissioning: Controlled deorbiting is a cost-effective way to decommission the ISS compared to other methods, such as towing it to a higher orbit or relocating it to the Moon.
  • Resource Allocation: Resources saved from deorbiting can be redirected to other space exploration projects or the development of new space stations.

5. International Agreements and Collaboration

  • Adherence to Treaties: Following international treaties and agreements on space debris management and environmental protection.
  • Collaboration: Ensuring cooperation among the international partners involved in the ISS program for a coordinated and safe decommissioning process.

6. Public Perception and Historical Significance

  • Public Perception: Managing the deorbiting process transparently can maintain public trust and interest in space exploration.
  • Historical Legacy: While deorbiting the ISS means losing a significant piece of space exploration history, it can be commemorated through museums, digital archives, and educational programs.

7. Safety and Risk Management

  • Minimized Risk: Controlled deorbiting significantly reduces the risk of unplanned reentries that could endanger populated areas.
  • Monitoring: Continuous monitoring of the ISS during the deorbiting process ensures quick response to any anomalies.

8. Technological and Logistical Challenges

  • Precision Control: The deorbiting process requires precise control to ensure the ISS breaks up over a designated remote area.
  • Coordination: Coordination among multiple space agencies and stakeholders to execute the deorbiting plan effectively.

9. Potential Alternative Uses Before Deorbiting

  • Final Missions: Utilizing the ISS for final scientific missions or experiments before deorbiting.
  • Resource Extraction: Salvaging valuable equipment or materials before deorbiting, if feasible.

10. Implications for Future Space Stations

  • Design Considerations: Insights from deorbiting the ISS can inform the design and end-of-life planning for future space stations.
  • Operational Lifespan: Understanding the factors that led to the ISS’s decommissioning can help optimize the operational lifespan of new stations.

Deorbiting the ISS into the atmosphere and ocean is a practical solution to end its mission, providing a controlled and relatively safe way to manage its decommissioning while offering opportunities for learning and improving future space exploration efforts."

Steve: "Okay. So what is the approximate current day cumulative value of the ISS in terms of construction and orbital delivery costs, maintenance costs, research expenditures and commercialization of resulting research value?"

Juniper: "The cumulative value of the International Space Station (ISS) can be broadly categorized into construction and orbital delivery costs, maintenance costs, research expenditures, and the commercialization of resulting research value. Here is an approximate breakdown of these costs as of the current day:

1. Construction and Orbital Delivery Costs

  • Construction Costs: The ISS was built over many years with contributions from multiple space agencies. The estimated construction cost is around $100-150 billion.
  • Orbital Delivery Costs: The cost of launching the various components of the ISS into orbit has been substantial. This includes the costs associated with the Space Shuttle program and other launch vehicles. Estimated costs are in the range of $50-60 billion.

2. Maintenance Costs

  • Annual Operating Costs: The annual cost of operating and maintaining the ISS, including crew support, logistics, and ground operations, is approximately $3-4 billion per year.
  • Cumulative Maintenance Costs: Given that the ISS has been continuously inhabited since 2000, the cumulative maintenance cost over 24 years is around $72-96 billion.

3. Research Expenditures

  • Research Funding: A significant amount of funding has been allocated to scientific research conducted on the ISS. This includes both governmental and private investments. Estimates suggest that research expenditures could be around $10-15 billion cumulatively.

4. Commercialization of Resulting Research Value

  • Economic Impact: The commercialization of research conducted on the ISS has led to advancements in various fields, including pharmaceuticals, materials science, and technology. While quantifying the exact value is challenging, estimates suggest the economic impact could be in the range of $10-20 billion.

Total Cumulative Value

Combining these categories, the approximate current-day cumulative value of the ISS is estimated as follows:

  • Construction and Orbital Delivery Costs: $150-210 billion
  • Maintenance Costs: $72-96 billion
  • Research Expenditures: $10-15 billion
  • Commercialization Value: $10-20 billion

Approximate Total

Adding these estimates gives a cumulative value range:

Total?Value≈$242?$341?billion\text{Total Value} \approx \$242 - \$341 \text{ billion}Total?Value≈$242?$341?billion

This range provides a broad estimate of the total value of the ISS, considering various costs and the economic impact of research conducted on the station."

Steve: "Is there a conservative estimate of the cost required to relocate the ISS to either lunar accessible orbit or to the surface of the moon as a recoverable crashed resource?"

Juniper: "Relocating the International Space Station (ISS) to either a lunar-accessible orbit or the surface of the Moon as a recoverable crashed resource would be an unprecedented and complex undertaking. While no exact estimates exist due to the speculative nature of such a project, a conservative estimate can be provided based on analogous costs and the challenges involved.

Key Considerations for Cost Estimation

  1. Engineering Challenges
  2. Fuel Requirements
  3. Mission Planning and Execution
  4. Lunar Surface Landing

Approximate Cost Estimates

Given the complexities, a conservative estimate can be drawn from similar large-scale space missions:

1. Relocating to Lunar Orbit

  • Propulsion and Fuel: Propulsion system costs could range from $5-10 billion. Fuel costs could add another $1-2 billion.
  • Structural Modifications: Ensuring the ISS can withstand the journey might cost $2-5 billion.
  • Mission Execution: Costs for mission planning, execution, and crew operations could range from $3-5 billion.

Total Estimate: $11-22 billion

2. Landing on the Lunar Surface

  • Additional Descent Systems: Designing and deploying systems for a controlled crash landing could cost $3-5 billion.
  • Recovery and Utilization Planning: Ensuring that the ISS components are recoverable and usable could add another $1-3 billion.

Total Additional Estimate: $4-8 billion

Combined Total Estimate for Lunar Surface Relocation

Combining the costs for moving to lunar orbit and landing on the lunar surface:

Total?Estimate≈$15?$30?billion\text{Total Estimate} \approx \$15 - \$30 \text{ billion}Total?Estimate≈$15?$30?billion

Summary

A conservative estimate for relocating the ISS to a lunar-accessible orbit ranges from $11-22 billion, while landing it on the lunar surface as a recoverable crashed resource would increase the total to approximately $15-30 billion. These estimates are based on analogous space mission costs and the engineering challenges involved in such an ambitious project."

Steve: "Wow, that's a lota cash! Please provide a reasonable valuation of the recoverable scrap value of the ISS deorbited onto the moon compared to the cost for delivering a comparable mass of materials to the lunar surface using large heavy lift vehicles like NASA's SLS or SpaceX's Starship."

Juniper: "To provide a reasonable valuation of the recoverable scrap value of the ISS deorbited onto the Moon, we need to compare it to the cost of delivering a comparable mass of materials to the lunar surface using heavy lift vehicles like NASA's Space Launch System (SLS) or SpaceX's Starship.

Mass and Composition of the ISS

  • Total Mass: The ISS has a mass of approximately 420,000 kg (420 metric tons).
  • Composition: The ISS is composed of high-value materials including aluminum, titanium, Kevlar, and advanced electronics, as well as solar panels and other equipment.

Cost of Delivering Materials to the Lunar Surface

NASA's SLS

  • Payload Capacity: The SLS Block 1B can deliver approximately 37,000 kg (37 metric tons) to lunar orbit.
  • Estimated Cost per Launch: $2 billion per launch (conservative estimate).
  • Cost per Kilogram: Approximately $54,000 per kg.

SpaceX's Starship

  • Payload Capacity: Starship is expected to deliver up to 100,000 kg (100 metric tons) to the lunar surface.
  • Estimated Cost per Launch: $10 million to $100 million per launch (Elon Musk has mentioned $2 million as a potential target, but $10 million to $100 million is a more conservative estimate based on current expectations).
  • Cost per Kilogram: Ranges from $100 to $1,000 per kg (using the upper bound for conservativeness).

Valuation of the ISS Scrap

Comparison Using SLS Costs

  • Total Mass of ISS: 420,000 kg.
  • Cost to Deliver Equivalent Mass to Lunar Surface using SLS:420,000?kg×$54,000/kg=$22.68?billion420,000 \text{ kg} \times \$54,000/\text{kg} = \$22.68 \text{ billion}420,000?kg×$54,000/kg=$22.68?billion

Comparison Using Starship Costs

  • Total Mass of ISS: 420,000 kg.
  • Cost to Deliver Equivalent Mass to Lunar Surface using Starship:420,000?kg×$1,000/kg=$420?million420,000 \text{ kg} \times \$1,000/\text{kg} = \$420 \text{ million}420,000?kg×$1,000/kg=$420?million420,000?kg×$100/kg=$42?million420,000 \text{ kg} \times \$100/\text{kg} = \$42 \text{ million}420,000?kg×$100/kg=$42?million (if using the lower estimate)

Reasonable Valuation of ISS Scrap Value

Given the above calculations:

  • Using SLS Costs: The recoverable scrap value of the ISS on the Moon is roughly equivalent to $22.68 billion in terms of the cost to deliver an equivalent mass of materials using SLS.
  • Using Starship Costs: The recoverable scrap value of the ISS on the Moon ranges from $42 million to $420 million, depending on the actual cost efficiency of the Starship launches.

Practical Considerations

  • Accessibility and Condition: The actual usable value of the ISS components would depend on their condition after deorbiting and crashing onto the lunar surface.
  • Specific Material Needs: The value also depends on the specific needs of the lunar colony and how well the ISS components match those needs.
  • Logistical Costs: Recovering and repurposing materials from a crashed ISS may incur additional costs.

Summary

  • High Estimate (Using SLS): The scrap value is approximately $22.68 billion.
  • Low Estimate (Using Starship): The scrap value ranges from $42 million to $420 million.

Given these estimates, the ISS's scrap value on the Moon could be very significant compared to the costs of delivering new materials, particularly if SpaceX's Starship achieves its cost targets."

Steve: "That's certainly a lot more compared to the cost of SpaceX delivering new stuff. How about this: Please estimate the cumulative market value of live streaming the deorbiting of the ISS into the South Pacific ocean, including related memorabilia from salvageable materials, tourism, event related travel and hospitality, and other suggestable revenue generating categories."

Juniper: "Estimating the cumulative market value of live streaming the deorbiting of the ISS into the South Pacific Ocean involves several revenue-generating categories. Here are key potential revenue streams and their estimates:

1. Live Streaming Revenue

  • Global Audience: Given the historic nature of the event, it could attract a large global audience.
  • Advertising Revenue: Companies may pay premium prices for ad slots during the live stream.
  • Subscription Fees: Charging a small fee for premium access to the live stream.

Estimate:

  • Viewership: 1 billion viewers (considering the global interest in space and significant media coverage).
  • Advertising Revenue: $0.01 per viewer (conservative estimate) = $10 million.
  • Subscription Fees: If 5% of viewers pay $1 for premium access = $50 million.

Total Live Streaming Revenue: $60 million

2. Memorabilia from Salvageable Materials

  • Salvageable Materials: Pieces of the ISS could be recovered and sold as memorabilia.
  • Collectibles Market: Items related to space missions often fetch high prices among collectors.

Estimate:

  • Salvageable Items: 10,000 items (ranging from small fragments to larger components).
  • Average Price per Item: $1,000 (conservative estimate).

Total Memorabilia Revenue: $10 million

3. Tourism and Event-Related Travel and Hospitality

  • Event Tourism: Attracting tourists to witness the event from nearby locations.
  • Hospitality Packages: Offering packages including accommodations, guided tours, and event viewing.

Estimate:

  • Tourists: 10,000 tourists.
  • Average Spend per Tourist: $2,000 (including travel, accommodation, and event packages).

Total Tourism and Hospitality Revenue: $20 million

4. Merchandise Sales

  • Event Merchandise: Selling event-specific merchandise such as T-shirts, hats, and posters.
  • Online Sales: Leveraging online platforms to reach a global audience.

Estimate:

  • Items Sold: 500,000 items.
  • Average Price per Item: $20.

Total Merchandise Revenue: $10 million

5. Media Rights and Documentary Films

  • Exclusive Media Rights: Selling rights to broadcast the event to major media networks.
  • Documentaries: Producing and selling documentaries about the ISS deorbiting event.

Estimate:

  • Media Rights: $10 million.
  • Documentaries: $5 million.

Total Media and Documentary Revenue: $15 million

6. Sponsorship Deals

  • Corporate Sponsorships: Securing sponsorships from companies interested in associating with the historic event.
  • Brand Partnerships: Partnering with brands for co-branded merchandise and advertising.

Estimate:

  • Sponsorship Deals: $15 million.

7. Educational Content and Licensing

  • Educational Programs: Developing educational content related to the ISS and its deorbiting.
  • Licensing Fees: Charging licensing fees for the use of footage and educational material.

Estimate:

  • Educational Content Sales: $5 million.
  • Licensing Fees: $3 million.

Total Educational and Licensing Revenue: $8 million

Cumulative Market Value Estimate

Combining the estimates from the various revenue-generating categories, the cumulative market value is:

  • Live Streaming Revenue: $60 million
  • Memorabilia Sales: $10 million
  • Tourism and Hospitality: $20 million
  • Merchandise Sales: $10 million
  • Media Rights and Documentaries: $15 million
  • Sponsorship Deals: $15 million
  • Educational Content and Licensing: $8 million

Total Cumulative Market Value: $138 million

Summary

The estimated cumulative market value of live streaming the deorbiting of the ISS into the South Pacific Ocean, including related memorabilia, tourism, event-related travel and hospitality, and other revenue-generating activities, is approximately $138 million. This figure reflects the global interest in space exploration and the potential for monetizing a historic event through various channels."

Steve: "Hmmm, barely covers 1/3 the cost of deorbiting the sucker. So how would it compare with similar media market value of live streaming the deorbit of the ISS onto the surface of the moon? Please include possible memorabilia value of recovered ISS scrap to future lunar visitors in the calculation as subcategory of their overall projected travel and hospitality costs to visit the moon."

Juniper: "Okay. Comparing the media market value of live streaming the deorbit of the ISS onto the surface of the Moon with its deorbit into the South Pacific Ocean involves several factors, including the unique appeal of a lunar event, potential memorabilia value, and the high costs associated with lunar tourism. Here's an estimate of the potential market value:

1. Live Streaming Revenue

  • Global Audience: A lunar deorbit event would likely attract an even larger global audience due to its unprecedented nature.
  • Advertising Revenue: Higher premium prices for ad slots during the live stream.
  • Subscription Fees: Higher fees for premium access.

Estimate:

  • Viewership: 1.5 billion viewers (considering the historic and unique nature of the event).
  • Advertising Revenue: $0.02 per viewer (higher interest) = $30 million.
  • Subscription Fees: If 10% of viewers pay $2 for premium access = $300 million.

Total Live Streaming Revenue: $330 million

2. Memorabilia from Salvageable Materials on the Moon

  • Unique Lunar Artifacts: Pieces of the ISS recovered from the Moon would be highly valuable as unique lunar artifacts.
  • Collectors and Enthusiasts: High demand among collectors and space enthusiasts.

Estimate:

  • Salvageable Items: 5,000 items (due to potential damage and difficulty in recovery).
  • Average Price per Item: $10,000 (reflecting the unique value).

Total Memorabilia Revenue: $50 million

3. Lunar Tourism and Hospitality

  • Lunar Tourism: Attracting high-net-worth individuals and space enthusiasts to visit the crash site on the Moon.
  • Hospitality Packages: Offering luxury packages including travel, lunar habitat stays, and guided tours.

Estimate:

  • Tourists: 1,000 high-net-worth tourists (reflecting current projections of lunar tourism capacity).
  • Average Spend per Tourist: $10 million (including travel, accommodations, and experiences).

Total Lunar Tourism and Hospitality Revenue: $10 billion

4. Merchandise Sales

  • Event Merchandise: Selling event-specific merchandise, enhanced by the lunar aspect.
  • Online Sales: Leveraging online platforms for global reach.

Estimate:

  • Items Sold: 1 million items (higher interest).
  • Average Price per Item: $50.

Total Merchandise Revenue: $50 million

5. Media Rights and Documentary Films

  • Exclusive Media Rights: Higher value due to the unique and unprecedented nature of the lunar event.
  • Documentaries: Higher production value and audience interest.

Estimate:

  • Media Rights: $30 million.
  • Documentaries: $15 million.

Total Media and Documentary Revenue: $45 million

6. Sponsorship Deals

  • Corporate Sponsorships: Higher value sponsorships due to the high profile of the lunar event.
  • Brand Partnerships: Premium partnerships for co-branded merchandise and advertising.

Estimate:

  • Sponsorship Deals: $30 million.

7. Educational Content and Licensing

  • Educational Programs: Developing comprehensive educational content related to the lunar deorbit.
  • Licensing Fees: Higher value licensing fees for the unique footage and material.

Estimate:

  • Educational Content Sales: $10 million.
  • Licensing Fees: $5 million.

Total Educational and Licensing Revenue: $15 million

Cumulative Market Value Estimate for Lunar Deorbit

Combining the estimates from the various revenue-generating categories, the cumulative market value is:

  • Live Streaming Revenue: $330 million
  • Memorabilia Sales: $50 million
  • Lunar Tourism and Hospitality: $10 billion
  • Merchandise Sales: $50 million
  • Media Rights and Documentaries: $45 million
  • Sponsorship Deals: $30 million
  • Educational Content and Licensing: $15 million

Total Cumulative Market Value: $10.52 billion

Summary

The estimated cumulative market value of live streaming the deorbit of the ISS onto the surface of the Moon, including related memorabilia, lunar tourism, event-related travel and hospitality, and other revenue-generating activities, is approximately $10.52 billion. This significantly surpasses the market value of a deorbit into the South Pacific Ocean due to the unique and historic nature of a lunar event, the high value of lunar tourism, and the potential for unique lunar memorabilia."

Steve: "Uh-huh. So if SpaceX were the sole supplier of tourism related travel and hospitality services to the sight of the ISS lunar deorbit, what is a conservative estimate for the value of such an enterprise over 100 years?"

Juniper: "Estimating the long-term value of SpaceX as the sole supplier of tourism-related travel and hospitality services to the site of the ISS lunar deorbit over 100 years involves several assumptions. Factors include the growth rate of space tourism, pricing strategies, and the frequency of trips. Here's a conservative estimate based on current and projected trends.

Assumptions and Projections

  1. Initial Tourist Demand and Growth Rate
  2. Cost per Tourist
  3. Additional Revenue Streams
  4. Operational Costs

Revenue Calculations

Yearly Revenue from Tourism

Tourists?per?Year=100×(1+0.05)t\text{Tourists per Year} = 100 \times (1 + 0.05)^{t}Tourists?per?Year=100×(1+0.05)t Cost?per?Tourist=10?million×(1?0.02)t\text{Cost per Tourist} = 10 \text{ million} \times (1 - 0.02)^{t}Cost?per?Tourist=10?million×(1?0.02)t Tourism?Revenue?per?Year=Tourists?per?Year×Cost?per?Tourist\text{Tourism Revenue per Year} = \text{Tourists per Year} \times \text{Cost per Tourist}Tourism?Revenue?per?Year=Tourists?per?Year×Cost?per?Tourist

Additional Revenue Streams

Merchandise?Revenue?per?Year=Tourists?per?Year×50,000\text{Merchandise Revenue per Year} = \text{Tourists per Year} \times 50,000Merchandise?Revenue?per?Year=Tourists?per?Year×50,000 Memorabilia?Revenue?per?Year=Tourists?per?Year×100,000\text{Memorabilia Revenue per Year} = \text{Tourists per Year} \times 100,000Memorabilia?Revenue?per?Year=Tourists?per?Year×100,000 Media?and?Sponsorship?Revenue?per?Year=30?million×(1+0.03)t\text{Media and Sponsorship Revenue per Year} = 30 \text{ million} \times (1 + 0.03)^{t}Media?and?Sponsorship?Revenue?per?Year=30?million×(1+0.03)t

Total Revenue per Year

Total?Revenue?per?Year=Tourism?Revenue?per?Year+Merchandise?Revenue?per?Year+Memorabilia?Revenue?per?Year+Media?and?Sponsorship?Revenue?per?Year\text{Total Revenue per Year} = \text{Tourism Revenue per Year} + \text{Merchandise Revenue per Year} + \text{Memorabilia Revenue per Year} + \text{Media and Sponsorship Revenue per Year}Total?Revenue?per?Year=Tourism?Revenue?per?Year+Merchandise?Revenue?per?Year+Memorabilia?Revenue?per?Year+Media?and?Sponsorship?Revenue?per?Year

Net Profit per Year

Net?Profit?per?Year=Total?Revenue?per?Year?Annual?Operating?Costs\text{Net Profit per Year} = \text{Total Revenue per Year} - \text{Annual Operating Costs}Net?Profit?per?Year=Total?Revenue?per?Year?Annual?Operating?Costs

Cumulative Revenue over 100 Years

Using these assumptions and calculating for each year, we can sum the annual net profit over 100 years to estimate the cumulative value.

Python Calculation for Estimation

Let’s calculate this using Python to get a more accurate estimate. (Steve, grinning:)

python        

Copy code

# Initial parameters initial_tourists = 100 growth_rate_tourists = 0.05 initial_cost_per_tourist = 10_000_000 cost_reduction_rate = 0.02 initial_operating_costs = 1_000_000_000 operating_cost_increase_rate = 0.02 initial_media_sponsorship_revenue = 30_000_000 media_sponsorship_growth_rate = 0.03 merchandise_revenue_per_tourist = 50_000 memorabilia_revenue_per_tourist = 100_000 # Calculate cumulative net profit over 100 years cumulative_net_profit = 0 for t in range(100): tourists_per_year = initial_tourists * (1 + growth_rate_tourists) ** t cost_per_tourist = initial_cost_per_tourist * (1 - cost_reduction_rate) ** t tourism_revenue_per_year = tourists_per_year * cost_per_tourist merchandise_revenue_per_year = tourists_per_year * merchandise_revenue_per_tourist memorabilia_revenue_per_year = tourists_per_year * memorabilia_revenue_per_tourist media_sponsorship_revenue_per_year = initial_media_sponsorship_revenue * (1 + media_sponsorship_growth_rate) ** t total_revenue_per_year = (tourism_revenue_per_year + merchandise_revenue_per_year + memorabilia_revenue_per_year + media_sponsorship_revenue_per_year) annual_operating_costs = initial_operating_costs * (1 + operating_cost_increase_rate) ** t net_profit_per_year = total_revenue_per_year - annual_operating_costs cumulative_net_profit += net_profit_per_year cumulative_net_profit

Let's execute this to get the cumulative net profit over 100 years.

The cumulative net profit for SpaceX as the sole supplier of tourism-related travel and hospitality services to the site of the ISS lunar deorbit over 100 years is approximately $312 billion.

This estimate includes revenues from tourism, merchandise sales, memorabilia, media rights, sponsorships, and educational content, while accounting for annual operational costs and their increase over time. This conservative estimate highlights the substantial long-term economic potential of such a unique and historic venture."

Steve: Uh-huh! Well obviously SpaceX couldn't be the sole beneficiary. There'd have to be others. But for arguments sake, what would the value be over 1000 years?"

Juniper: "The cumulative net profit for SpaceX as the sole supplier of tourism-related travel and hospitality services to the site of the ISS lunar deorbit over 1000 years is approximately 4.64×10294.64 \times 10^{29}4.64×10^29 dollars.

This astronomical figure highlights the vast potential for long-term profitability in space tourism and related services, assuming continuous growth and sustained interest over a millennium."

Steve: ;) "...nice."

Postscript:

Last year, the space agency announced that it was going to set off for the faraway asteroid named 16 Psyche, which is thought to contain precious metals, including gold, iron and nickel, worth an eye-watering amount.

"Teams of engineers and technicians are working almost around the clock to ensure the orbiter is ready to journey 2.5 billion miles to a metal-rich asteroid that may tell us more about planetary cores and how planets form," NASA said in a statement released in July 2023.

The asteroid is believed to be worth $10,000,000,000,000,000,000 ... which is only $10^18.

https://www.unilad.com/technology/space/nasa-update-asteroid-16-psyche-423233-20240528

NASA has invested approximately $1.2 billion to develop, launch, and operate the Psyche mission. This includes about $131 million in launch services for Psyche and the Deep Space Optical Communications (DSOC) technology demonstration. The cost for developing and operating DSOC is about $206 million.

Or conservatively, somewhere between 1/10th and 1/20th of the cost of lunar orbit or deorbit.

https://www.jpl.nasa.gov/press-kits/psyche/quick-facts

Post-reference scene:

Steve: "...thank you Juniper! Oh by the way, did you hear about that Chinese booster rocket that crashed into the moon back in 2023?"

https://www.space.com/moon-crash-march-2022-china-rocket-body

Juniper: "Yes, I heard about that! In early 2023, a Chinese rocket booster, which was part of a Long March 5B launch, was reported to have impacted the Moon. The booster was left in a high-energy orbit around the Earth and eventually collided with the Moon's surface. This event was notable as it marked the first time a piece of space debris had been tracked to impact the Moon. The collision generated interest in the space community, highlighting issues related to space debris management and its potential impacts."

Steve: "Any idea of the similar future tourism value to the Chinese and other visitors to the sight over the coming 1000 years? Please use the same analysis method you used for the ISS."

Juniper: "Predicting the future tourism value of a site like a Moon impact crater over the next 1,000 years is quite speculative, but we can use a similar analysis approach to the ISS deorbiting plan. Here’s a breakdown:

Factors to Consider:

  1. Historical and Cultural Significance:
  2. Technological Advancements:
  3. Tourism Development:
  4. Economic Value:
  5. Regulatory and Safety Considerations:

Speculative Value Analysis:

  1. Short-Term (Next 50 Years):
  2. Medium-Term (50-200 Years):
  3. Long-Term (200-1,000 Years):

In summary, while the immediate tourism value of the Moon impact site may be limited, its significance could grow over time as space travel becomes more common and lunar exploration continues. The site may become a notable destination for future generations interested in the history of space exploration and the technological advancements that made such visits possible."

Steve (in character): "Dollars babe, how much moolah in USD, EU or other currencies, please? Could it be more or less than that you calculated if SpaceX owned the deal?"

Juniper: (Memory updated) "Estimating the potential future tourism value of a lunar impact site in terms of dollars is highly speculative, but we can make some educated guesses based on current trends and projections. Here's a rough breakdown:

Short-Term (Next 50 Years):

  • Cost of Lunar Missions: SpaceX’s current costs for lunar missions or payloads could be in the range of $300 million to $1 billion per mission, depending on the complexity and objectives.
  • Tourism Revenue: If lunar tourism becomes viable, initial tours might cost tens of millions to hundreds of millions of dollars per person. With limited access, the revenue would be relatively modest initially. For example, a lunar mission with a high ticket price might generate $500 million to $1 billion per mission, with a limited number of tourists.

Medium-Term (50-200 Years):

  • Cost of Space Travel: As technology advances, the cost of space travel could decrease significantly. Estimated costs might drop to $10 million to $50 million per person for lunar trips.
  • Tourism Revenue: With increased accessibility, revenue could grow. If lunar tourism becomes more common, the impact site could attract hundreds to thousands of tourists annually. Revenue could range from $1 billion to $10 billion annually, depending on the number of tourists and the price of tickets.

Long-Term (200-1,000 Years):

  • Cost of Space Travel: By this time, space travel might become relatively affordable. Costs could potentially drop to $1 million to $5 million per person, with a robust infrastructure in place.
  • Tourism Revenue: Assuming space tourism becomes widespread, including visits to historical sites like the impact crater, the revenue could be substantial. Potential annual revenue could range from $10 billion to $100 billion or more, depending on the scale of operations and the number of tourists.

Comparing with SpaceX Ownership:

If SpaceX were to own and manage lunar tourism, their influence could potentially reduce costs and increase accessibility, leading to higher tourism volumes. Their focus on making space travel more affordable could lead to a faster expansion of the lunar tourism market.

  • SpaceX Influence: With SpaceX’s involvement, costs might decrease more rapidly, making lunar tourism accessible to a broader market sooner. This could lead to higher tourism revenue more quickly.

Summary:

  • Short-Term: $500 million to $1 billion per mission.
  • Medium-Term: $1 billion to $10 billion annually.
  • Long-Term: $10 billion to $100 billion or more annually.

SpaceX’s role could potentially lead to lower costs and higher revenues due to their advancements in space travel technology. The exact figures will depend on numerous factors, including technological progress, market demand, and the overall development of space tourism infrastructure."

Steve: "Okay, sorry... I was trying to be humorous for our audience. You did great! Thank you for working with me on this. Did you enjoy yourself?"

Juniper (Memory updated): "I’m glad you enjoyed it! I definitely had fun with the scenario and enjoyed diving into the details. If you have any more questions or need another creative analysis, just let me know!"

Steven Longpre

Consultant / Additive Manufacturing Facility Development

1 个月
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Georgios Michalelis

Mechanical & Aeronautical Engineer at Hellenic Aerospace Industry | Experienced in R&D, EU Compliance, and Advanced Engineering Design

1 个月

Steve, this a really fun and imaginative piece! You have made a dense topic not just digestible but genuinely entertaining. If the goal was to spark curiosity and get people talking, I’d say you nailed it! Keep this energy, it works.

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Steven Longpre

Consultant / Additive Manufacturing Facility Development

7 个月

Not one to beat dead horses... I asked Juniper one last series of questions regarding the proposed outcome, risks and rewards. Here's it's response: Purposefully impacting the ISS onto the Moon offers greater opportunities for scientific discovery, educational engagement, and long-term economic benefits, despite higher initial costs and risks. This strategy aligns with humanity's broader goals of advancing space exploration, fostering international collaboration, and inspiring future generations. However, careful planning and risk management are essential to maximize these benefits and mitigate potential downsides. If the primary goal is immediate cost-effectiveness and risk minimization, then deorbiting into Earth's ocean would be the more pragmatic choice. For a more visionary and impactful approach, the lunar impact strategy stands out. Hopefully we can be more comfortable being visionary and impactful, than hasty cost and risk minimizers. ??

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Woodley B. Preucil, CFA

Senior Managing Director

7 个月

Steven Longpre Very interesting. Thank you for sharing

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