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Times of India·3 min read·medium

Meet Dennis Hope: The man who claimed the Moon and made millions

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Meet Dennis Hope: The man who claimed the Moon and made millions
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Dennis Hope, an unemployed American, claimed ownership of the Moon by exploiting a loophole in the 1967 United Nations Outer Space Treaty. He has since built a business selling lunar land certificates to customers worldwide.

Why it matters

This story highlights the legal ambiguity surrounding property rights in space and the challenges of applying terrestrial laws to celestial bodies.

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For centuries, owning land has meant having a place that can be measured, divided and legally transferred. Dennis Hope thought he had found an exception. In the late 20th century, while considering how to make money from property, the unemployed American turned his attention away from land on Earth and towards the moon. He had read the 1967 United Nations Outer Space Treaty, which prevents countries from claiming celestial bodies as their territory. Hope believed the wording left an opening for a private individual. He declared the moon his property, divided it into parcels and began selling certificates to customers around the world.

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