LEGALITY OF PURCHASE OF PROPERTY ON THE MOON (BY ANANYA KONUR)

Conclusion Here, the question arises, if the world’s superpower could take such a step simply in the greed of wanting to remain the sole superpower, what is to stop individuals from doing the same? Possession of land on the Moon, Mars and other celestial bodies only brings higher reputation and fame to the people who are involved in dealing in them. The field of science is also evolving in terms of extraterrestrial habitation thereby making possession of property in outer space a smart investment. The people involved in such investments are not only able to acquire the said assets before the crowd gets attracted to it but also securing their futures in way while at the same time increasing their own importance in the world economy. Humans are known to be greedy for fame and reputation and most importantly, finances. Therefore, they cannot be stooped from taking such steps when it gives them what they desire at the cost of not more than a few thousands. Can they?