An asteroid loaded with 10 quintillion dollars worth of minerals is approaching the United States

NASA

NASA cleared the major hurdles that allowed it to launch a spacecraft to the asteroid in October.
The asteroid is believed to be composed of gold, iron, and nickel, and is valued at around $10 quintillion.
The spacecraft will launch on a SpaceX rocket, and head for the main asteroid belt between Mars and Jupiter.

NASA announce It is less than 100 days away from launching a spacecraft designed to study an asteroid potentially worth 10 quintillion dollars.

The space agency’s Jet Propulsion Laboratory said Tuesday that it recently completed comprehensive testing of the flight program and installed it on the spacecraft. This cleared a major hurdle that had earlier caused the probe to miss its original 2022 launch date.

The 173-mile-wide asteroid, known as 16 Psyche, is believed to be made of gold, iron and nickel. Its ore was valued at about $10,000,000,000,000,000,000 dollars. In 2020, NASA announced a release In collaboration with Elon Musk’s SpaceX To reach the body rich in minerals.

companies have Legal right to any mined material From orbs, through the US Commercial Space Launch Competitiveness Act of 2015. And companies have already sprung up to test the technology that could theoretically make this work.

Meanwhile, NASA’s mission is scientific and geared toward learning more about planetary cores and how planets form. The spacecraft will launch in October on a SpaceX Falcon Heavy rocket, and head on a six-year journey to the main asteroid belt between Mars and Jupiter.

Once there, the satellite will orbit the asteroid for 26 months, studying and imaging the object for its history and mineral composition.

While NASA is focusing on 16 Psyche, the agency has previously indicated that the belt it’s in is full of ore-rich asteroids, worth $700 quintillion. In fact, Psyche isn’t the most valuable, surpassed by Davida, an asteroid with a value of $27 quintillion.

While a lucrative business may be profitable in the future, an influx of valuable minerals from space may not, in reality, be the case. It produces a group of billionaires. This is because a sudden supply glut will lead to lower metal prices.

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