Wilbur Ross fears 'Wild West situation' as international space race gathers steam

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Wilbur Ross fears 'Wild West situation' as international space race gathers steam
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His comments come as a new era of space discovery gathers pace, with an ever-growing list of space agencies forming around the world.

a $738 billion defense policy bill, paving the way for the creation of a Space Force — a top military priority for Trump.

Ross, a former private-equity investor with more than five decades of experience, said the U.S. would work with its allies to "establish best practices and standards" both for existing space capabilities and for encouraging the new emerging ones. Alice Bunn, international director of the U.K. Space Agency, said Wednesday that more than 50% of measurements used to understand climate change originated from space.

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