Space Commodities Exchange Launches First Products Date
23/02/2021
The US-based Space Commodities Exchange Inc (SCX) has started designing the first products that would signify a new age of commerce in space: Tradable commodities. The SCX expects to sell the first units of propellant in Q4 of 2021. The Space Commodities Exchange is an emerging space start-up applying free market “supply and demand” fundamentals to space commodities.
The SCX is an emerging space start-up applying free market “supply and demand” fundamentals to space commodities. From supplying fuel to satellites, to trading resources to and from Lunar bases, the Space Commodities Exchange is ensuring these commodities can be traded using existing regulated exchanges, to diminish price volatility and ultimately make space a more stable business environment.