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Treasure in Space: Golden Asteroid 16 Psyche Asteroid 16 Psyche has been dubbed the "golden asteroid". Estimated to be worth around ten quintillion dollars, this space rock contains massive amounts of valuable metals, including gold and platinum, making it more valuable than the entire global economy. But don’t expect a market crash just yet. Psyche is still safely orbiting the Sun in the asteroid belt between Mars and Jupiter. NASA, however, has already launched a mission to study it, not to mi

NASA’s mission to the metal-rich asteroid 16 Psyche, located in the asteroid belt, has revealed one of the largest known gold reservoirs in the universe, estimated at 27 quintillion tons, valued at $700 quintillion. Launched in October 2023, the Psyche spacecraft aims to map and analyze the asteroid’s composition, not mine it, with arrival expected in 2029. This asteroid, potentially a remnant of a failed planet’s core, contains iron, nickel, and gold, offering insights into planetary formation.

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