Comment by ThinkingGuy
7 hours ago
My initial thought was: ambiguous regulatory environment.
Not being physically located the US, the EU, or any other sovereign territory, they could plausably claim exemption from pretty much any national regulations.
This might be true, but unrealistic.
If you run amiss of US (or EU) regulators, they will never say, "well, it's in space, out of our jurisdiction!".
They will make your life hell on Earth.
Space is terrible for that. There's only a handful of countries with launch vehicles and/or launch sites. You obviously need to be in their good graces for the launch to be approved.
If you want permissive regulatory environment, just spend the money buying a Mercedes for some politician in a corrupt country, you'll get a lot further...
Quick, we need a new Cryptonomicon, in space!
A bit like international waters. I wonder when we'll see the first space pirates.
> A bit like international waters.
Which is a good analogy; international waters are far from lawless.
You're still subject to the law of your flag state, just as if you were on their territory. In addition to that, you're subject to everyone's jurisdiction if you commit certain crimes - including piracy. https://en.wikipedia.org/wiki/Universal_jurisdiction