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Space Gold Rush: Inside The Race To Mine "Quadrillions of Dollars" From Asteroids

by Tyler Durden

Tuesday, Sep 23, 2025 - 02:10 AM

Imagine hauling in enough platinum, gold, and rare earth metals to bankroll every American's wildest dreams–or potentially tank the global economy overnight. That's the high-stakes gamble NASA and a cadre of innovative U.S. startups are wagering on the untapped riches of asteroids.

(Image credit: Wikimedia Commons)

As NASA's Psyche spacecraft hurtles toward its 2029 mission toward the metal-rich asteroid that shares the same name as the mission, a cadre of U.S. startups is accelerating efforts to turn celestial rocks into a viable business, potentially reshaping global supply chains for critical minerals. Yet the venture carries risks of market disruption, echoing historical commodity booms and busts. Launched in October 2023 aboard a SpaceX Falcon Heavy rocket, the Psyche mission is on course to orbit Asteroid 16 Psyche by late July 2029, where it will spend two years mapping the body's composition.

www.zerohedge.com/news/2025-09-21/congress-allows-closed-door-testimony-key-epstein-witness-alex-acosta-why