A massive iron asteroid that was probably once the core of a dead planet could make someone incredibly rich – or end all life on Earth.
The asteroid, called 16 Psyche, is thought to contain deposits of iron worth around £8,000 quadrillion. Theoretically, if 16 Psyche could be mined and its iron retrieved, the value of the metal could be divided between the world’s eight billion people to make every man, woman and child on the planet a billionaire.
Or, equally, any attempt to bring the multi-trillion-dollar space rock down to Earth could result in a planet-killing catastrophe on a par with the event that saw off the dinosaurs.
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