People are buying lands on moon. Here’s why?
Are really citizens going for a trip to the moon? Image credits: Wondrium daily
The idea of owning a piece of land on the moon has been around for centuries, but it has become a reality only in recent years . There are now several companies that sell plots in the moon, and there are even people who have bought them.
But is it legal to own land on the moon? The answer is not entirely known. There is no international law that specifically prohibits private ownership of lunar land, but there are no laws that explicitly allow it. As a result, the legality of buying land on the moon is a matter of debate.
Some people argue that the Outer Space Treaty of 1967 prohibits private ownership of lunar land. This treaty states that “the exploration and use of outer space, including the moon and other celestial bodies, shall be carried out for the benefit and in the interests of all countries, irrespective of their degree of economic or scientific development.” However, others argue that this treaty does not explicitly prohibit private ownership of lunar land, and that it is therefore legal.
Ultimately, the legality of buying land on the moon is a matter that will likely be decided by a court of law. However, even if it is legal, there are still some practical challenges in owning land on the moon. For example, there is no way to physically possess or develop land on the moon, and there is no guarantee that anyone will ever be able to live or work there.
So, why do people buy land on the moon? There are a few reasons. Some people do it as a novelty, or as a way to say that they own a piece of history. Others do it as an investment, hoping that one day the value of lunar land will appreciate. And still others do it as a way to support the development of space exploration.
Whatever the reason, the fact that people are buying land on the moon is a sign that the idea of space colonization is becoming more mainstream. It is also a reminder that the future of space exploration is still very uncertain. Only time will tell if humans will ever actually live on the moon, but for now, buying land there is a way to dream of a future where we do.
Here are some other people who have bought land on the moon:
There are many people who have bought land on the moon, but some of the most notable include:
Dennis Hope. Hope is an American businessman who claims to have founded the Lunar Embassy in 1980 and to have sold over 6 million plots of lunar land. He bases his claims on the Outer Space Treaty of 1967, which does not explicitly prohibit the ownership of property on the moon.
Bard International. Bard International is a company that sells plots of lunar land through its website, Lunar Registry. The company claims to have sold over 1 million plots of land to people in over 100 countries.
Lunar Land Registry. The Lunar Land Registry is a non-profit organization that registers claims to land on the moon. The organization does not sell land, but it does provide a way for people to register their claims and to ensure that their ownership is recognized by other organizations.
In addition to these individuals and organizations, there are many other people who have bought land on the moon. Some people buy land on the moon as a novelty or as an investment, while others do so out of a genuine interest in space exploration. Whether or not these claims to ownership are legally valid is a matter of debate, but they do provide a way for people to express their hopes and dreams for the future of space exploration.
Sushant Singh Rajput. The late Bollywood actor was a known space enthusiast and had bought a plot of land on the moon.
Shah Rukh Khan. The Bollywood superstar was gifted a plot of land on the moon by a fan in Australia.
Richard Branson. The British billionaire entrepreneur has expressed interest in colonizing the moon and has reportedly bought land there.
Elon Musk. The SpaceX CEO has also said that he wants to colonize the moon and has reportedly bought land there.
Here are some additional things to consider about buying land on the moon:
The price of land on the moon varies depending on the location. Some of the most expensive plots are located near the equator, where there is more sunlight and potential for solar energy production.
There are a number of companies that sell land on the moon. Some of the most reputable companies include the Lunar Registry, the Moon Embassy, and the Space Resources Initiative.
When buying land on the moon, it is important to read the fine print carefully. Some companies may charge hidden fees or have restrictions on how the land can be used.
It is also important to remember that there is no guarantee that you will ever be able to visit or develop your land on the moon. The future of space exploration is uncertain, and it is possible that we may never be able to travel to the moon in large numbers.
Despite the challenges, buying land on the moon is a unique and exciting way to be a part of space exploration. If you are considering buying land on the moon, do your research carefully and make sure that you understand the risks involved?
It is important to note that the legality of buying land on the moon is still a matter of debate. There is no international law that explicitly prohibits the sale of lunar land, but there is also no law that explicitly recognizes such sales. As a result, it is possible that these claims to ownership may not be legally valid.
However, even if these claims are not legally valid, they do represent a growing interest in space exploration and a willingness to invest in the future of humanity. The people who have bought land on the moon are not just doing it for the novelty or the investment potential. They are also doing it because they believe that the moon is a place of great potential and that one day, humans will be able to live there.
Cost of Land in moon:
The cost of moon property varies depending on the region. Here are some of the most popular regions and their average prices per acre:
Sea of Tranquility: This is the most famous region on the moon and is where Neil Armstrong and Buzz Aldrin first landed in 1969. The average price per acre is $42.50.
Ocean of Storms: This is the largest region on the moon and is known for its dark, basaltic surface. The average price per acre is $37.50.
Maria Serenitatis: This is a region of maria (smooth, dark plains) that is located near the Sea of Tranquility. The average price per acre is $35.00.
Lacus Mortis: This is a region of maria that is located near the South Pole of the moon. The average price per acre is $30.00.
Mare Fecunditatis: This is a region of maria that is located near the equator of the moon. The average price per acre is $27.50.
These are just a few of the many regions on the moon where you can buy land. The exact price will vary depending on the location, the seller, and the current market conditions.
Here are the most popular websites I found selling moon property (Not sponsered)
We recommend not to use these websites without prior knowledge and research to check if they’re really safe to invest or not.
Lunar Registry: https://lunarregistry.com/moon-land/
Lunar embassy: https://lunarembassy.com/product/buy-land-on-the-moon/
Cosmic register: https://cosmicregister.com/
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