Kid Cudi Wore $1.6 Million 'SPACE' Chain to Met Gala

Kid Cudi's 'SPACE' chain at the Met Gala is valued at $1.6 million.

We're told the chain and pendant -- museum quality diamond work titled"SPACE" -- is a whopping $1,600,000 piece ... featuring more than 24,000 clarity E color diamonds, and more than a kilo in 18k rose gold.

The celeb jeweler says,"This is the most detailed and intricate piece of jewelry I’ve ever created in my entire career," adding that he had to shut down his entire factory for 3 months to focus on completing it. The piece is a miniature take on Kaws' famous"Holiday Space" astronaut figure, and Baller says the pendant's backpack has a secret compartment where Cudi can keep weed -- or other small stuff -- in it.

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