The cost of land on the moon is much less than in any other part of India. The cost of land on the moon is around $34 per acre.
Individual, one-acre lots sell for $19.95 ($36.50 after a "lunar tax" and shipping and handling of the deed) and there are discounts for larger plots. He once sold a "country-sized" plot of land—2.66 million acres—for $250,000.
Short answer: you can't. No one can. The relevant provision of the OST is Article II which states: “Outer space, including the moon and other celestial bodies, is not subject to national appropriation by claim of sovereignty, by means of use or occupation, or by any other means.”
The Outer Space Treaty means therefore that - no matter whose national flags are planted on the lunar surface - no nation can 'own' the Moon.
Suman Debnath claims to have bought the land from International Lunar Society. (Representative image) A teacher from Tripura claims to have gifted himself one acre of Moon land on Valentine's Day. The man said he was inspired by Bollywood starts who also own property on the Moon.
Individual, one-acre lots sell for $19.95 ($36.50 after a "lunar tax" and shipping and handling of the deed) and there are discounts for larger plots. He once sold a "country-sized" plot of land—2.66 million acres—for $250,000. He's sold plots on the moon to three former presidents (George H.W.
The cost of land on the moon is much less than in any other part of India. The cost of land on the moon is around $34 per acre.
"The mare constitutes around 15% of the lunar surface, making the total value of the moon... $4 quadrillion." Thinking about it another way, that much He-3 could theoretically supply U.S. electricity demand for 80,000 years.
Unexpected gold: on the Moon
Satellite imaging has shown that the top 10 centimetres of regolith (moon soil) at the south pole of the moon appear to hold about 100 times more gold than the richest mines on earth.
While it is illegal for private collectors to own Apollo return samples, it is entirely legal to buy lunar meteorites.
It is illegal to own or possess any lunar material brought back from the Apollo program, including those samples gifted to the states and other nations.
Landing and operating the rover costs around $300 million (roughly Rs. 2,180 crores).
You can buy acres on Mars in any combination from 1 acre to a Continent size lot. If you would like a larger property please contact us at [email protected]. Each Mars property comes with three documents (The Martian Deed, the Martian Map and the Martian Codes, Covenants and Restrictions).
With a kilogramme of Helium-3 expected to fetch $3,000,000, the profits could be incredibly lucrative. There are other valuable minerals on the moon. Rare Earth Metals (REM) are a good example with NASA already looking at innovation in mining industry technology for use on the moon.
By extension, this applies to individuals. Another crucial assumption in space law is that Earth law can be applied to other planets. “Neither the US, nor SpaceX nor Elon Musk could own any part of Mars,” said Duncan Blake, a space lawyer, lecturer and senior research associate at UNSW Canberra.
And while I'm no Martian real estate expert, it certainly seems like a buyer's market: Land on Mars starts at just $29.99 per acre.
According to the lunar registry, you can actually purchase a piece of moon in the landing sits such as 'Bay of Rainbows', 'Sea of Rains', 'Lake of Dreams', 'Sea of Serenity and many others. The property claims are provided “in order to finance the exploration, settlement and development of the Moon and its resources”.
Article II of the Outer Space Treaty states, “Outer space, including the moon and other celestial bodies, is not subject to national appropriation by claim of sovereignty, by means of use or occupation, or by any other means.” In short, nobody can claim ownership of Mars or land on Mars, or do so with any other ...
So how much does the Earth cost? According to the astrophysicist who put together the variables to come up with such a number, the Earth is worth $5 quadrillion dollars. Further, according to these calculations, we are on by far the most expensive planet in the solar system.
Mars belongs to everybody, according to the Outer Space Treaty, which the United States signed back in 1967. The treaty says nobody can own a celestial body.
The longer the particle stays, the greater the chance for toxic effects,” explains Kim. The potential damage from inhaling this dust is unknown but research shows that lunar soil simulants can destroy lung and brain cells after long-term exposure.
The moon isn't so barren after all. A 2009 NASA mission—in which a rocket slammed into the moon and a second spacecraft studied the blast—revealed that the lunar surface contains an array of compounds, including gold, silver, and mercury, according to PBS.
At $4.28 million per gram, the lunar regolith carries a higher price than any mineral on earth, despite it likely being composed of such commonplace elements as oxygen, iron, silica and calcium.
The six-figure final price of Moon dust fell short of Bonhams' pre-auction estimate of $800,000 to $1.2 million. NASA even went to court to fight for the ownership of the lunar dust.
NASA has long maintained that the lunar rocks and dust collected during the Apollo missions are government property that's not allowed to be owned by private citizens.