In the future we could see businesses and governments laying claim to plots of land on other worlds.
Right now the 1967 Outer Space Treaty prohibits any one nation claiming sovereignty over anywhere beyond the Earth, but as technology advances and colonization of other worlds becomes a possibility how long can this restriction remain in effect ? Space policy consultant Rand Simberg believes that in the future we will see governments making plots of land available on other planets that can be purchased and used for private development.
"Parceling out plots of land on celestial bodies might encourage people to invest in these properties, and this would benefit Earth economically, according to Simberg."
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