The formation of galaxies by gradual hierarchical co-assembly of baryons and cold dark matter halos is a fundamental paradigm underpinning modern astrophysics and predicts a strong decline in the number of massive galaxies at early cosmic times. Extremely massive quiescent galaxies (stellar masses of more than 10 M) have now been observed as early as 1-2 billion years after the Big Bang. These galaxies are extremely constraining on theoretical models, as they had formed 300-500 Myr earlier, and only some models can form massive galaxies this early.
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