And on the payment plan, you only have to pay 30,000 quadrillion (30 quintillion) to be the proud owner!
Who are we going to sell it to? Will we sell on credit, or cash only?
Space mining and prospecting might be what’s needed to get space exploration to the next level!
If this asteroid had gold or silver on it then people would right now be on the way to mine it!
The law of supply and demand applies. If you flood the market with a billion tons of high quality ore, the price will go down to near nothing.
Interesting from a technical standpoint. From an economic angle, it is obviously not “worth” anything like the amount cited, since there simply is no market for so much iron and nickel. It is “worth” only what buyers would be willing to pay, if indeed it could somehow be mined for earthly purposes.
Give Mother Earth a big expensive ring, sure.
Tow an iron asteroid over here and put it in orbit.
What could go wrong?
I am sitting here racking my brain and I honestly can’t think of one potential issue with going out and steering a 149 mile wide asteroid toward earth. Sounds like a great idea. I’m in.
"But wait, there's more! If you call within the next ten minutes, we'll throw in a second asteroid free! Just pay shipping and handling."
It’d be interesting if it turned out to be part of the core of Theia.
Wait... Isn’t RT.com a Russian news source? Just sayin’.
Reminds me of the Twilight Zone episode where the crew hijacks a gold shipment, puts themselves into suspended animation for 100 years, then wakes up only to find that, in the future, gold is as common as sand.
One mistake with setting the orbit around the earth and there will be a YEWG bang into the Earth.
there goes the value of my gold and silver
We could build a Death Star!
Just remember, cover the exhaust port above the main port this time.
Wow, that graphic BLOWS ME AWAY!
I’ve always said that the info is out there, it is just getting it in the right format.
That metallic rock is chump change. I want the carbon core of a white dwarf star. It’s a giant diamond.
Why tow it into orbit? Why not bring it down on, say, iran, and we can just mine it from there.
Or San Francisco...
Call me suspicious, but I suspect that trying to sell that much iron and nickel might drive the price of iron and nickel down a tad....I mean if there is anything to that whole “supply and demand” thing....
The importance of this story is that it blows out of the water the narrative that we are limited to resources on Earth, and are therefore running out.
That narrative depends on the assumption that we never go outside of Earth to obtain the massive amount of resources that exist in space.