Earlier quoted context omitted.
Do they spell out what assumptions they're working under? Because, for example, I'm pretty sure that the odds of a civilization-ending asteroid or comet strike in the next year, while quite low, are higher than what's implied by 99.999999999% durability on trillions of objects."
Why do you specify trillions of objects? They practically promise data loss at that scale. Also, the typical civilization-ending comet or asteroid is going to destroy 0 or 1 geographically-diverse data centers. Remember that this is a retention promise, not an uptime promise.
If you're proposed reliability is data loss of one in 100 billion per year, that assumes the risk of e.g. global thermonuclear war is no more than that amount, or you're ignoring it for the purposes of the calculation. Which is why I wonder about their assumptions.
As for a comet destroying at most one data center, if it really ends civilization then the data will probably be lost before too much longer even if the facility physically survives.