Answer: The earth does cost around $5 Quadrillion.
In 2020, astrophysicist Dr. Greg Laughlin calculated Earth’s value at $5 quadrillion, considering factors like its mass, temperature, age, and potential for life. From an economic standpoint, various estimates have been proposed based on the value of Earth’s resources such as minerals, water, land, and ecosystems. However, these estimates are highly subjective and do not account for the intrinsic value of the Earth’s biodiversity that is the environment, or the complex interdependence of ecosystems that sustain life.
In short, attempting to calculate the monetary value of Earth oversimplifies its significance and fails to capture the profound ecological, cultural, and existential value it holds. Earth is a unique and irreplaceable entity, and any attempt to quantify its worth in monetary terms falls short of capturing its true importance to the well-being of life on our planet.