He borrowed $1.2 billion. He took on an incredibly large debt. No one ever got rich applying for credit cards. The purpose of getting 50 tonnes of rare earths

He borrowed $1.2 billion. He took on an incredibly large debt. No one ever got rich applying for credit cards. The purpose of getting 50 tonnes of rare earths is to pay back those debts, and pay for the next big project that needs a billion dollars. Lowering the cost of rare metals would also be a big boon for humanity. Mining in Earth is not an industry known for its safety or cleanliness, and lower prices of those metals would bring down the cost of many technological innovations to levels that more people can have them. I see asteroid mining as not just a profitable thing, but a project worthy of doing at a level beyond finance.