Current space law is undeveloped and may be ill-suited to incentivize and protect the interests of companies willing to invest in the exploration and industrial development of outer space. This note will address the current "instability" which has made space law ill-suited for the protection of the property interests of investors. Part II of this Note will provide background into different models for creating sufficient legal stability to incentivize corporate investment and the development of new industries, in both non-space and space contexts. Part III will analyze these models and explore how successful these models have been at providing the needed stability. In Part IV, this note recommends the US adopt a new model for space exploration which will provide legal stability and incentivize immediate investment.