Nick Dowson

@nickmdowson.bsky.social

Co-Editor @ New Internationalist magazine | Investigations, public services, the climate crisis, the politics of technology Bylines at publications including the Guardian, the Ferret, the Moscow Times, Bristol Cable. Likes a good book.

The new space race promises a future among the stars, but as billionaires pursue dreams of Mars, profit and power, are they creating a future for humanity, or sacrificing the only planet we have? Astronomer Lucian Walkowicz (@notnotrocketscience.com) writes for New Internationalist.

Space: the billionaires’ playground

As tycoons like Elon Musk attempt to seize space for profit, the Earth is being trashed, writes astronomer Lucian Walkowicz.

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That flies against many decades of space law and the idea of space as a place for peace. More recently we’ve seen commercial operators acquiescing to the US government’s blackout on satellite imagery of Iran and the Middle East. #war #peace

That project too could surpass the trillion dollar mark according to independent estimates, and includes proposals to put ‘space-based interceptors’ around our planet – weapons in space that might also be usable as bombs.

Share prices have since predictably slid, meaning that millions are not just unwittingly owners of the sometime Nazi chatbot Grok but also likely victims of another transfer of wealth to Musk.

Shares confer not just a sliver of ownership of SpaceX’s profitable launch and satellite internet business – sectors where it dominates – but also its heavily-loss making social media and AI subsidiary, xAI.

This essay traces how US policy lets private firms profit from publicly funded space development, how legal loopholes and token lunar contracts normalize property claims, and how satellite expansion strains orbital environments. By @nickmdowson.bsky.social in @newint.bsky.social

Who owns outer space?

A new space race between billionaires and global superpowers is set to worsen inequality, extend conflict, and harm the environment. But there is another way, argues Nick Dowson.

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That sentence carried a lot of zeroes – as did SpaceX’s Initial Public Offering in June, a spectacle of financial engineering, that saw it join stock markets for the first time.

NHS private finance diverts money away from healthcare, towards the pockets of private shareholders. Cat Eccles MP’s motion can force the government to drop their NHS private finance plans from the Autumn Budget. ✉️Take 2 mins now to email your MP to sign the motion and protect patients.

TRUMP [after spending 5 minutes with Zohran]: surplus value, it’s a very wonderful thing, very wonderful, and they’re stealing it. Can you believe that? We’re going to be looking very strongly at the bourgeoisie, what they’re up to