"Unprecedented Asteroid Valued at $100000 Quadrillion Remains Untapped - Here's Why"

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Source: Livescience.com
"Unprecedented Asteroid Valued at $100000 Quadrillion Remains Untapped - Here's Why"
Photo: Livescience.com
TL;DR Summary

NASA launched a mission to the asteroid 16 Psyche, estimated to be worth $100,000 quadrillion due to its rare elements. While technology for space mining is advancing, it still requires further development and funding. Private sector involvement is likely, but the economic viability of bringing materials back to Earth is uncertain. The moon is a closer alternative for mining, but interest in exploring and understanding asteroids remains high, with upcoming missions focused on planetary defense and scientific research.

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