Billionaire Kam Ghaffarian sets his sights on the stars with a range of space companies

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Ghaffarian has been instrumental in ushering in the new space economy, with leadership roles at Intuitive Machines, Axiom Space, Quantum Space and X-Energy.

Kam Ghaffarian has helped build the new space economy, with leadership roles at Intuitive Machines, Axiom Space, Quantum Space and X-Energy.

Jeff Bezos wants to build permanent outposts on the moon and colonize space. Richard Branson wants to make spaceflight as commonplace as air travel. Elon Musk wants to settle Mars to make humanity multiplanetary."There's this common denominator of combining altruism, to do something purposeful and good, and combine it with capitalism to make a positive impact," he told CNBC'sat the Space Symposium in Colorado Springs.

The Iran-born entrepreneur, who emigrated to the U.S. some four and a half decades ago, co-founded a government services company called Stinger Ghaffarian Technologies that became a top contractor for NASA before KBR acquired it in 2018. Ghaffarian believes the space economy will be worth trillions of dollars — and sooner than many realize. He sees the technological leaps forward in artificial intelligence and quantum computing as crucial to unlocking the full potential of space.

 

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