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A correction to the first answer, when you die you keep any items that you have equiped and any ammunition that you have. There is no credit-penalty if you die from NPCs, navigational hazards, or your own weapons, but if another person killed you they will be rewarded with up to 100,000 credits from your account (if you become bankrupted by this you will lose all of your remaining credits and you will respawn at Planet Pittsburg). All cargo and unmounted equipment will be lost and you will respa…