Possession of property in outer space is an area of space law that is complex and controversial. There exists a tension between the desire to encourage scientific exploration that will benefit all humankind and the economic reality that no one wants to invest billions of dollars in a space endeavor that has to be shared with others who have not contributed financially.

Consequently, the question remains: How does one clarify who owns what in space, or, what is called in law, "property rights"? How can an infinite area be divided up? Or should it belong to everyone? If so, how are decisions to be made that involve everyone on Earth? Since the beginning of space exploration nations have been struggling with these questions.

Treaties

Many countries, through the United Nations General Assembly, have entered into international agreements, international conventions, or charters, which are usually called treaties...