Making Money Minute with Ron Hiebert - Orbital Data Centers

Rocket companies are the next big thing among tech investors. They will provide the transportation needed to build data centers in outer space. The advantage touted by fans of orbital data centers, is that they can be powered by solar energy - which is available 24/7 in space. The disadvantages no one wants to talk about, are the incredible costs to lift all the pieces into orbit, and the complexity of carrying out repairs when parts fail. Once again, investors are looking way over the horizon, and making bets on things that are far from reality, and even farther from profitability. Hope has never been a profitable investment strategy. But maybe this time, the dreamers will prove us wrong.

For more information listen to our Making Money podcast with Ron Hiebert and Graham Hicks at letsmakemoney.ca or CFCW.com.