Believe it or not, Dennis Hope, an American entrepreneur, sells extraterrestrial real estate. In 1980, he started his own business, the Lunar Embassy Commission. As of 2009 Hope claimed to have sold 2.5M 1-acre plots on the Moon, for around US$20 per acre. He allocates land to be sold by closing his eyes and randomly pointing to a map of the Moon. Continue reading for a video and more information.
Extraterrestrial real estate is land on other planets or natural satellites or parts of space that is sold either through organizations or by individuals. Ownership of extraterrestrial real estate is not recognised by any authority. Nevertheless, some private individuals and organizations have claimed ownership of celestial bodies, such as the Moon, and are actively involved in "selling" parts of them through certificates of ownership termed "Lunar deeds", "Martian deeds" or similar. These "deeds" have no legal standing.