ABCNews.com: Film director James Cameron, Google’s Larry Page and Eric Schmidt, X Prize founder Peter Diamandis and billionaire Ross Perot Jr. along with a number of other incredible minds plan to take on outer space. Just what they’re up to is still a mystery but they’ve announced that they’re forming a new “space exploration company to expand earth’s resource base,” that will create “a new industry and a new definition of natural resources.”

“If you put two Google billionaires with Microsoft billionaires with some astronauts together, you can’t go wrong. I think private enterprise will boldly go where governments fear to tread. And I think the space program has been in purgatory in the last few years. NASA is an agency to nowhere. So, we need private enterprise, especially people with deep pockets to help jump start the program and maybe mining the heavens is just the ticket.” – Michio Kaku

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