A few months ago, I flew to Houston to visit a small startup called Lunar Resources, which aspires to build the largest telescope in the solar system--not on Earth but on the far side of the moon. Houston is nicknamed Space City; on the ride from the airport, I passed the ballpark where the Astros play, and, outside a McDonald's on East NASA Parkway, I saw a giant sculpture of an astronaut holding French fries. I found Lunar Resources in a boxy building where the company leases square footage from the aerospace contractor Lockheed Martin. Elliot Carol, the C.E.O. and co-founder of Lunar Resources, is thirty-three, with a cherubic face and curly hair speckled with gray. Although he grew up in Connecticut and previously worked as a hedge-fund manager, he was wearing black cowboy boots.