Via Robert Shibley, who has an elegant solution to the problem: “1. Capitalize the schools to loan enough money for 4 years of student loans. 2. No selling the loan notes – let them loan the money and collect it. The end. What do you wanna bet that college suddenly gets rigorous and cheap?”
I’ve never bought a new car, and there’s no way I’d do it at these crazy prices. At some point, though, you’d think that one of the automakers would go after this unserved market, and drive prices down with some competition.
I’m glad to see that Blue Origin is making some breakthroughs in some areas. This implies (among other things) that solar power satellites could be partially constructed from lunar materials. The question is whether it makes economic sense compared to low-cost launch from Earth.
[Afternoon update]
After reading several papers, I have a lot of questions. Molten regolith electrolysis has several problems. Electrodes tend to not last very long. And you see fancy metals being used for anodes, like iridium, there are alternatives but nothing common on the moon.