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SpaceX might get investment capital from Saudi and UAE investors

According to several reports in the business press, SpaceX is presently negotiating with investment companies in Saudi Arabia and the United Arab Emirates (UAE) to possibly provide additional investment capital to the company.

Citing two individuals reportedly familiar with the matter, The Information noted that Saudi Arabia’s Water and Electricity Holding Company, Badeel, and the United Arab Emirates’ Alpha Dhabi are participating in the funding round. Morgan Stanley is reportedly organizing the investment effort.

At present it is unknown how much would be invested. It is also unclear if this foreign investment in an American rocket company can pass muster with the U.S. State Department.

SpaceX has already raised about $10 billion in private investment capital as well as $4 billion from NASA for the development of Starship/Superheavy.

Conscious Choice cover

Now available in hardback and paperback as well as ebook!


From the press release: In this ground-breaking new history of early America, historian Robert Zimmerman not only exposes the lie behind The New York Times 1619 Project that falsely claims slavery is central to the history of the United States, he also provides profound lessons about the nature of human societies, lessons important for Americans today as well as for all future settlers on Mars and elsewhere in space.

Conscious Choice: The origins of slavery in America and why it matters today and for our future in outer space, is a riveting page-turning story that documents how slavery slowly became pervasive in the southern British colonies of North America, colonies founded by a people and culture that not only did not allow slavery but in every way were hostile to the practice.  
Conscious Choice does more however. In telling the tragic history of the Virginia colony and the rise of slavery there, Zimmerman lays out the proper path for creating healthy societies in places like the Moon and Mars.


“Zimmerman’s ground-breaking history provides every future generation the basic framework for establishing new societies on other worlds. We would be wise to heed what he says.” —Robert Zubrin, founder of founder of the Mars Society.


All editions are available at Amazon, Barnes & Noble, and all book vendors, with the ebook priced at $5.99 before discount. All editions can also be purchased direct from the ebook publisher, ebookit, in which case you don't support the big tech companies and the author gets a bigger cut much sooner.


Autographed printed copies are also available at discount directly from me (hardback $24.95; paperback $14.95; Shipping cost for either: $5.00). Just email me at zimmerman @ nasw dot org.


  • Steve Richter

    Will SpaceX itself pay for missions to the Moon and Mars? There is no commercial return on investment from a Mars colony. That is only done for science and adventure. Yet SpaceX has investors who presumably are looking for a return on their investment.

  • Steve Richter asked: “Will SpaceX itself pay for missions to the Moon and Mars?”

    Maybe they won’t have to, or, at least, a good chunk of the cost. There are plenty of people with money looking for some science and adventure. Lots of PR value in sponsorship of the first Human mission to Mars.

    And if they do have to foot the bill, it’s not so very different than the prospecting done by energy companies. You can’t find resources you don’t look for, and I would wager SpaceX has an eye on developing interplanetary trade. If Mars has as much water as seems likely, it might be the cheapest place to get the stuff in the Inner System.

  • Jeff Wright

    Speaking of energy companies-Musk needs to change course and support Space Solar Power-as energy sector money will likely outperform Starlink.

  • BLSinSC

    Pass Congressional approval?? Just let Hunter, Joe, and Jim in on the action and VIOLIN! IT’s done!! (yeah I know – just be facetious)

  • Ray Van Dune

    Or as a former boss liked to say… “VIOLA!”

  • Edward

    Steve Richter,
    You wrote: “There is no commercial return on investment from a Mars colony.

    Just because you cannot think of any activities that could provide commercial return on investment does not mean that there are none. One of the factors in favor of Mars missions is the coming low cost of transport to and from there. As with commerce in low Earth orbit, which is becoming far more commonplace due to the low launch costs, profitable commerce elsewhere can become possible elsewhere, too.

    On the other hand, Elon Musk has noted that the goal is to make humanity a multi-planetary species, not to make money hand over fist. Maybe some investors are looking for a humanitarian goal like this. People keep saying that corporations are just out for a buck, yet here we are, looking at a corporation that has a different goal in mind, and people still find fault.

    On the third hand (the Gripping Hand, for Niven/Pournell fans), a small population living in a hostile environment is likely to come up with some mighty handy inventions that we could use back here on Earth.

  • Jeff Wright

    Edward said:

    “Maybe some investors are looking for a humanitarian goal like this. People keep saying that corporations are just out for a buck, yet here we are, looking at a corporation that has a different goal in mind, and people still find fault.”

    Elon is still a one off in that regard. Gates doesn’t spend real money on space—and Bezos too busy playing with his new girlfriend and yacht.

    Getting space in the energy sector—which never went broke—is the key.

    And with the Saudis backwardness—and now the UAE said to help China funnel arms to Russia through Turkey—Elon better sup with them using the longest spoon he has.

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