will catch up with the boss of nasa. the former astronaut tells me how important private companies will be as the us and china hurry back to the moon in the 21st century space race. wherever you arejoining me from around the world, a warm welcome to the show. it is the final frontier. space. what lies out there could help answer many of the problems we face here on earth from energy to climate change and then, of course, there is the fun of it as well. a growing number of wealthy people are booking tickets just to have a view of the planet from above. it all means that the space economy is taking off. the space economy is taking off. the space economy is taking off. the space economy is worth about $340 billion but by 2040, that will grow to $1 trillion. but by 20110, that will grow to $1 trillion. there were a lot of this is because of things like new
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commercial sector today. so sometimes there commercial sector today. so sometimes there are - commercial sector today. so sometimes there are seed i commercial sector today. so - sometimes there are seed money, there sometimes there are seed money, there is sometimes there are seed money, there is incentive sometimes there are seed money, there is incentive money, - sometimes there are seed money, there is incentive money, to- sometimes there are seed money, there is incentive money, to startl there is incentive money, to start in the there is incentive money, to start in the commercial there is incentive money, to start in the commercial sector. - there is incentive money, to start in the commercial sector. it - there is incentive money, to start in the commercial sector. at nasa ou have in the commercial sector. at nasa you have given in the commercial sector. at nasa you have given billions in the commercial sector. at nasa you have given billions of- in the commercial
international space station, to and from the station, international space station, to and from the station, also international space station, to and from the station, also other- from the station, also other companies from the station, also other companies with from the station, also other companies with regard - from the station, also other companies with regard to i from the station, also other- companies with regard to commercial cargo companies with regard to commercial caruo. .., , ., cargo. bill, when it comes to the rivate cargo. bill, when it comes to the private sector. cargo. bill, when it comes to the private sector, there cargo. bill, when it comes to the private sector, there are - cargo. bill, when it comes to the private sector, there are villagesj private sector, there are villages to companies that have proven technology to launch rockets. you mention spacex and also rocket lab but both have received huge amounts on contracts from yourselves at nasa and
the greatest rival to elon musk spacex and the founder of rocket that was also part of nasa s plans to get back to the moon. peter, have your great pleasure having you on the show. the best line i have read about you is that you went from dishwasher by data explosives by night. peter, i mean, how did you go from a dishwasher engineer to literally reaching for space and developing one of the world s most successful space companies? i always had a passion successful space companies? i always had a passion for successful space companies? i always had a passion for space successful space companies? i always had a passion for space since - successful space companies? i always had a passion for space since i - successful space companies? i always had a passion for space since i was i had a passion for space since i was young had a passion for space since i was young and had a passion for space since i was young and a had a passion for space since i was young and a for engineering