Stories

Who owns space?

Illustration: Rebecca Zisser / Axios

We're standing at the starting line of a new space race, one that could trigger a gold rush-like hunt for resources. Companies are lining up to launch space mining missions, and countries are passing laws to allow them. There's just one problem: Under some interpretations of the 50-year-old Outer Space Treaty, which was signed by almost 100 countries, none of this is legal.

The bottom line: In the past, the answer to the question "who owns space?" was easy: everyone and no one. Soon, that might not be true.