As we stand at the threshold of 2024, humanity is poised for a historic lunar journey as the United States space agency (NASA) announces the crew for its upcoming trip to the moon. This team includes the first woman, the first person of color, and the first Canadian assigned to a lunar mission. However, this time, the space exploration narrative is not solely in the hands of government agencies; it is characterized by a collaborative effort involving various private actors, from startups to corporations. This resurgence in space exploration is driven by cutting-edge technologies such as 5G, advanced satellite systems, quantum computing and others. Their primary objective extends beyond conquering new frontiers; it looks at pressing challenges confronting our planet.

The business of space tourism is on the rise, and plans for expanding this novel form of escape are underway. In April 2023, the Space Tourism Conference in Los Angeles delved into discussions about the future business prospects of space tourism. According to investment bank Morgan Stanley, the entire space industry is projected to generate approximately $1 trillion in revenue by 2040. What was once just a vision has become a tangible reality for entrepreneurs, startups, the wealthy, and the famous, as space tourism emerges as an increasingly lucrative business phenomenon.