The Legal Status of Space: Understanding Space Law and Ownership

The video explores the concept of space ownership and the legal framework governing activities in outer space, known as space law. It highlights that no nation owns space and discusses the Outer Space Treaty, an international agreement that forms the basis of space law. The treaty prohibits the placement of weapons of mass destruction in space, prevents governments from claiming sovereignty over celestial territories, and restricts the exploitation of natural resources in space.

When was the Outer Space Treaty opened for signatures?

What is stated about the ownership of natural resources in space according to the treaty?