Chapter 387: Space Mining
Behind both General Electric and General Dynamics stands the Morgan family, which is already known worldwide. However, don't look at the name "generic" between the two, but in fact, the two are two companies that are not related.
General Electric is the world's largest multinational corporation that provides technology and services business, while General Dynamics is an authentic U.S. defense industry contractor and is now ranked third among defense industry contractors in the U.S. Department of Defense, behind Boeing and Lockheed. Martin & Company.
However, when it comes to market capitalization, these two companies are out-and-out giants. GE ranked ninth in the world's top 500 in 2015, with a market value of more than $250 billion, while General Dynamics has a market value of only more than $45 billion, but General Dynamics is currently the largest arms dealer in the United States, and many of its military technologies are unique in the United States and even in the world. Disturb.
You said you were a miner, why did you become interested in General Electric and General Dynamics? Could it be that you are planning to change careers?
Tang Feng looked at Chris's puzzled expression, and knew that if he didn't explain, I was afraid it would be really difficult to win the shares of General Electric or General Dynamics. As for the shares of General Electric or General Dynamics, Tang Feng is still very yearning, because only General Electric or General Power can provide some of the technologies needed in that big plan.
Thinking of this, Tang Feng explained with a smile: "Chris, I won't hide it from you, I am preparing to implement a plan recently, in fact, this plan is now being prepared by many people in the United States, like Larry. Paige, like James. Cameron, like Eric. Dr. Schmidt is now part of the program. I haven't joined yet, though. But I really wanted to do one of these projects myself, and there are a lot of technologies in GE or General Dynamics that would help with those plans, so I'm going to take a stake in one of these two companies to start my project! ”
Chris's eyes lit up when he heard this, as if he had thought of something, and asked in a low voice, "Don." Isn't that the plan you're talking about?" Chris pointed to the sky with some cryptic eyes.
Tang Feng nodded with a smile and said, "Chris, you guessed it right, my plan is to prepare for tentative space mining. Although the conditions are not yet mature, the future of space mining is definitely a big hit, so I want to get involved now, and I want to develop in this area while I have a little spare money. ”
Hearing Tang Feng's explanation, Chris understood why Tang Feng wanted a stake in General Electric or General Dynamics.
At present, space mining is indeed a real research topic. Whether it is NASA (National Aeronautics and Space Administration) or private forces, they are now beginning to set their sights on this promising industry.
In the history of human development, from the great geographical discoveries to the American gold rush, the thirst for scarce resources has driven mankind to continue to explore. However, as the earth's mineral resources are gradually depleted, where should human development go? So, space is rich in precious minerals. Drawing the eyes of humanity to the past.
With current human technology, it is not possible to explore space beyond the solar system. However, there are a large number of remnants of the formation of the solar system or the debris of the destruction of the planets in the solar system. It is estimated that there are about 1 million asteroids in the solar system with a diameter of more than 1 kilometer, but the vast majority of these asteroids are too far away to be mined.
Fortunately, there are also nearly 6,000 asteroids with diameters larger than 45 meters in the vicinity of the Earth's orbit. Scientists can determine the composition of asteroids by analyzing the light reflected from the surface of asteroids through telescopic spectroscopic observations. Scientists have estimated the mineral resources on one of the common asteroids, Asteroid 241 Germania, with an estimated value of $95.8 trillion. That's more than the world's GDP is currently combined.
And in July last year, an asteroid numbered 2011UW-158 passed by the Earth at a distance of 2.4 million kilometers at its closest point. This fast-spinning asteroid, which looks like a peeled walnut, is thought to have more than 90 million tons of platinum at its core, and is valued at $5.4 trillion!
These asteroids, rich in precious mineral deposits, are like flames that attract moths. It is attracting the attention of many people on the planet. Just like Tang Feng just said, Google founder Larry. Paige, the great director James. Cameron, Chairman of the Board of Directors of Google Eric Brown. Dr. Schmidt, who had already partnered with NASA in 2012 and co-funded a space exploration company called "Planetary Resources", was ready to start experimenting with the feat of space mining.
However, with the current technology of mankind, space mining can only be in a stage of exploration, when the American Apollo returned 380 kilograms of samples from the moon, but the entire program cost $25 billion and mobilized about 300,000 people. The cost of transporting these lunar samples is as high as $66 million per kilogram, which is far more than the same weight of gold. Therefore, judging from the current space technology, even mining on the moon, where the landing technology is relatively mature, is still not economically viable.
And if you want to mine from an asteroid, with the current human technology, if you want to bring back one kilogram of minerals, the cost is likely to be as high as one billion dollars!
Therefore, even though many people are paying close attention to this aspect now, due to technological limitations, it is definitely not something that can be achieved in a short period of time to truly realize space mining.
However, if it starts accumulating now, once the technology breaks through, then space mining will bring unimaginable wealth and fame to those who are prepared.
As an important member of the Morgan family, Chris knows a little about these things, and Chris also knows that there are some people in the Morgan family who are also preparing to participate in the space mining program. Therefore, it is quite normal for Tang Feng in front of him to have this kind of thoughts and plans now.
"Well, Don, this great plan of yours has moved me, and I think we can agree on this proposal. I agree to exchange a stake in General Electric or a portion of General Dynamics for a 20% stake in this super gold mine! ”
Tang Feng smiled and said, "Happy, talking to Chris is really a happy thing." Since you agreed to my proposal, Chris, then leave the specific matters to the specific professionals. Chris, Gorman, I still have two bottles of 2003 Latour here, I wonder if Chris would like to taste them with me? ”
"Wow, Latour '03? That's a top wine that can be rated as a five-star 100 along with the 82-year-old Latour! Since you have such a good wine, Don, of course I don't mind bothering you" (to be continued......)