The space gold rush is about to begin

Elon Musk Is Mining A Golden Asteroid Worth $700 Quintillion

Scientists predict that in the near future the lack of resources on Earth will be compensated by mining in space, which will bring huge profits to the pioneers..

Physicist Michio Kaku predicts that companies will fight for the right to mine in outer space in the near future. This is due to the fact that scientists describe some asteroids as «flying gold mines», that could make up for the lack of any metal on Earth.

Asteroids containing iron, nickel, cobalt, platinum, rhodium and iridium are gaining increasing attention as the Earth faces a shortage of fossils. One of the most attractive examples is an object about 1 km in diameter, which contains a platinum reserve of $ 5.4 trillion..

Smaller asteroids, about 35 meters wide, are believed to contain $ 50 billion in metals, and the asteroid belt is estimated to have a value of $ 700 quintillion (700×10 to the 18th power). At the same time, many space objects contain resources that can be used as fuel for refueling rockets..

The space gold rush is about to begin

Michio Kaku thinks mining opportunities are endless and most valuable asteroids have yet to be discovered.

Earlier we wrote that NASA has begun assembling the new Mars 2020 rover..

text: Ivan Malichenko, photo: European Space Agency

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