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There's a metal asteroid out there worth $10k quadrillion

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Re: There's a metal asteroid out there worth $10k quadrillion

#11

Earlier quoted context omitted.

>In the long long term, isn't it reasonable to assume that Earth may end up losing mass due to space launches? No. It is much more likely that Earth would become a long-term importer of space manufacturing for quite some time. It is much cheaper to drop stuff down into Earth's deep gravity well than to hoist it up into space. Pretty much everything in orbit (except for the Moon and mass where the Moon's gravitional i…

It's not 'harder' to take mass off earth than it is to bring mass back. Assuming you want to bring the mass back 'gently' and not have it collide with earth like a comet. Think like pulling a rock out of a hole vs lowering it back down in a controlled manner, controlled here meaning velocity=0 by the time it reaches the bottom. In both cases you are responsible for transitioning the same amount of energy into or out…

Even for uncontrolled crashing you still need to use fuel. You need to use energy to slow the object down enough to fall into earths gravity well.

Re: There's a metal asteroid out there worth $10k quadrillion

#14
post #5
post #2

Theoretical questions: 1. Let's say we could actually harvest all of this. Would it _actually_ be worth that amount? Once it gets here, wouldn't we have so much of it that people would be trying to give it away? 2. Would this impact our rotational speed at all? Is it possible that adding mass could slow us down?

Maybe not, but people say that Jeff Bezos is worth $186 Billion even though he'd never be able to sell enough Amazon stock at current prices to come close to getting that amount of cash.

No one in practice values large stock holdings without marketability or liquidity discounts. Jeff likely wouldn’t even sell stock if he needed cash, he would just get a loan backed by some stock.
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