1/ The amount of venture capital invested in space is ~1.2%. A tiny fraction of that is for commercial human flight. Less than .1% probably. As a percentage of all investments globally the amount of money invested in commercial human flight isn't even noise. It's bupkis. 
2/ Rocket launches are spectacular and draw lots of attention. It's a giant bomb with a nozzle.
Arguments that investing in space based business is diverting resources from other "more important" efforts are gong to be made by people who have zero understanding of the facts.
Arguments that investing in space based business is diverting resources from other "more important" efforts are gong to be made by people who have zero understanding of the facts.
3/ Space-based technology (eg, earth observation and GPS) have resulted in huge productivity and quality of life improvements. Higher farm productivity that results from precision agriculture is just one example. GPS is everywhere. Not investing more capital in space is bonkers.
4/ The question to ask someone who bashes investments in space is:
What percentage of all global investments were made in. space based businesses?
They won't know the answer and will try to change the subject. Maybe they will pretend to use their phone which has GPS in it.
What percentage of all global investments were made in. space based businesses?
They won't know the answer and will try to change the subject. Maybe they will pretend to use their phone which has GPS in it.
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