Final answer:
Asteroid Mining holds the potential to be a trillion-dollar industry due to valuable off-Earth resources, but this is currently only speculative. It is 'partially true' because the industry faces significant technological and economic challenges that are yet to be overcome.
Step-by-step explanation:
The statement, "Asteroid Mining can create a trillion-dollar industry - supporting growth on Earth and beyond," is partially true. Proponents of asteroid mining argue that asteroids and comets contain a wealth of valuable resources that can potentially support the growth of a space-faring civilization. These materials include metals like platinum, nickel, and iron, and volatiles like water that can be used for life support or processed into rocket fuel. However, while the theory holds potential, the technological, economic, and regulatory challenges mean that a trillion-dollar asteroid mining industry is not yet a certainty.
Some of the pros of asteroid mining include resource acquisition without further depleting Earth's resources and the potential to fuel further space exploration. The cons involve the enormous upfront investment, technological challenges, and the uncertainty regarding the economic feasibility of extracting and transporting these resources. Given that asteroid mining is still in the conceptual phase, the exact value and the time frame for the industry to reach a trillion dollars are speculative. Therefore, saying that asteroid mining will create a trillion-dollar industry is partially true, with many hurdles yet to overcome.