Near-Earth Asteroid Mining Operations Yield.

## The Paradox of Abundance

Silicon Valley billionaires frequently hype 'Asteroid Mining'. There is a single asteroid in the asteroid belt called 16 Psyche that contains an estimated $10,000 Quadrillion worth of gold, platinum, and iron. So why hasn't anyone mined it?

### FAQ

**Q: Why would mining an asteroid mathematically ruin your company?**
A: The Supply Shock. Economics is driven by scarcity. Platinum is only worth $1,000 an ounce *because* it is incredibly rare on the Earth's crust. If you spend $4.5 Billion to drag a pure platinum asteroid into Earth's orbit and drop it down to the surface, platinum instantly ceases to be rare. The massive global supply shock would crash the Earth market price of the metal to the price of aluminum. You would spend $4.5 Billion on the mission just to generate $120 Million in revenue. You don't become a trillionaire, you just bankrupt yourself while permanently cheapening catalytic converters for everyone else.