This book examines the monetary and financial foundations for actively pursuing outer space exploration, development, and settlement. It addresses the shortcomings of our financial value framework, financial mathematics, and monetary architecture and introduces the key transformations necessary to unleash our spatial potential.

Chapter 1: Introduction.- Part I: Economy, Space, Outer Space, and Human Impact.- Chapter 2: The New Outer Space Economy.- Chapter 3: Space and Outer Space.- Chapter 4: Human Impact On Space.- Part II: The Chains Of Risk and Time.- Chapter 5: Spaceless Financial Value Framework.- Chapter 6: Spaceless Financial mathematics.- Chapter 7: Spaceless Debt-Based Monetary Architecture.- Part III: Muzzle, Leash, and Whip in Space.- Chapter 8: Calendar Time: A Muzzle in Space.- Chapter 9: Monetary Gravity: A Leash in Space.- Chapter 10: Monetary Hunger: A Whip in Space.- Part IV: Breaking Risk and Time.- Chapter 11: Introducing Space.- Chapter 12: Respecting Space.- Chapter 13: Valuing Space.- Chapter 14: Monetising Space.- Part V: Institutional and Policy Transformations in Space.- Chapter 15: US Debt Ceiling to Wealth Floor.- Chapter 16: UK New Outer Space Deal.- Chapter 17: Conclusion.

“Financing the Race to Space is a masterful work that challenges and inspires. Armen V. Papazian's book is a must-read for policymakers, investors, and anyone with a keen interest in the future of space exploration. It is a testament to the power of visionary thinking and a significant contribution to the discourse on sustainable space development.”

—Alderman Professor Michael Mainelli, The Right Honourable The Lord Mayor of London, City of London Corporation

"Financing the Race to Space is an inspiring and ground-breaking blueprint for the future of space exploration. Blending visionary thinking with practical financial innovation, it offers transformative insights into funding sustainable space ventures and provides the tools and guidance needed to propel humanity's most ambitious space endeavors. Papazian redefines the financial paradigm necessary for our leap into the cosmos. Essential and enlightening, a must-read for C-suite executives, investors, and policymakers."

— Karlton D. Johnson, CEO and Chairman of the Board of Governors, National Space Society

“Investors, wisely advised by our members who understand the precepts that Dr Papazian covers so well in his work, stand to reap the responsible rewards.”

— Tracy Vegro OBE, CEO, The Chartered Institute for Securities & Investment

“An extraordinary book that serves us and future generations with realism and optimism.”

— Adrian Webb, Founder and Director, Space Value Foundation

“A thought provoking and fresh way to look at finance and economics with a set of ideas that deserve wider debate.”

—Dr. Gillian Tett OBE, Provost, King’s College Cambridge University, Editorial Board Member, Financial Times

This seminal book examines the monetary and financial foundations necessary for outer space exploration, development, and settlement. It addresses the shortcomings of our financial value framework, financial mathematics, and monetary architecture, and introduces the transformations required to unlock the massive investment programs needed to invent, manufacture, deploy, and maintain the new habitats of the future.

Armen V. Papazian is a financial economist (PhD, University of Cambridge) and the author of Hardwiring Sustainability into Financial Mathematics and The Space Value of Money.

“Financing the Race to Space is a masterful work that challenges and inspires. Armen V. Papazian's book is a must-read for policymakers, investors, and anyone with a keen interest in the future of space exploration. It is a testament to the power of visionary thinking and a significant contribution to the discourse on sustainable space development.” (Alderman Professor Michael Mainelli, The Right Honourable The Lord Mayor of London, City of London Corporation)

"Financing the Race to Space is an inspiring and ground-breaking blueprint for the future of space exploration. Blending visionary thinking with practical financial innovation, it offers transformative insights into funding sustainable space ventures and provides the tools and guidance needed to propel humanity's most ambitious space endeavors. Papazian redefines the financial paradigm necessary for our leap into the cosmos. Essential and enlightening, a must-read for C-suite executives, investors, and policymakers." (Karlton D. Johnson, CEO and Chairman of the Board of Governors, National Space Society)

“Investors, wisely advised by our members who understand the precepts that Dr Papazian covers so well in his work, stand to reap the responsible rewards.” (Tracy Vegro OBE, CEO, The Chartered Institute for Securities & Investment)

“An extraordinary book that serves us and future generations with realism and optimism.” (Adrian Webb, Founder and Director, Space Value Foundation)

“A thought provoking and fresh way to look at finance and economics with a set of ideas that deserve wider debate.” (Dr. Gillian Tett OBE, Provost, King’s College Cambridge, Editorial Board Member, “Financial Times”)