Is a New Space Race on the Horizon?
b"Next week marks fifty years since Neil Armstrong took \\u201cone small step\\u201d on the moon\\u2019s surface. The Apollo 11\\xa0mission was an historic voyage, fulfilling President John F. Kennedy\\u2019s goal\\xa0of reaching the moon by the end of the 1960s. More than half a billion people watched the astronauts live on television. But in the years that followed, America\\u2019s interest and commitment to space exploration largely disappeared.\\xa0\\nYet the country\\u2019s ambitions in space are far from over. In March of this year, Vice President Mike Pence expressed a renewed sense of urgency. \\n\\u201cMake no mistake about it \\u2014 we're in a space race today, just as we were in the 1960s, and the stakes are even higher,\\u201d he told attendees at a meeting of the National Space Council in Alabama.\\nAt the same meeting, Pence presented a new timeline for landing humans on the moon again: Within the next five years, four years sooner than the administration's initial timeline of 2028, leaving some to wonder if a new space race could be on the horizon.\\xa0\\xa0\\nThis week on Money Talking, Charlie Herman talks to Tim Fernholz, a reporter at Quartz covering space and author of Rocket Billionaires: Elon Musk, Jeff Bezos and the New Psace Race,\\xa0about the latest chapter of space exploration."