what is its status in space?
They are very common in space.
Diamond
Although diamonds on Earth are rare, they are very common in space. In meteorites, about three percent of the carbon is in the form of nanodiamonds, having diameters of a few nanometers. Sufficiently small diamonds can form in the cold of space because their lower surface energy makes them more stable than graphite. 
we know that diamonds did not form from coal because UNANSWERABLE can you state any of its properties? Yes -  It is the hardest and least compressible. It has the highest thermal conductivity and the highest sound velocity. It has low adhesion and friction, and its coefficient of thermal expansion is extremely low. Its optical transparency extends from the far infrared to the deep ultraviolet and it has high optical dispersion. It also has high electrical resistance. It is chemically inert, not reacting with most corrosive substances, and has excellent biological compatibility. when was it discovered? Diamonds are thought to have been first recognized many centuries ago 3,000years but most likely 6,000years how is it used politically? UNANSWERABLE
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Diamond [SEP] In space
Although diamonds on Earth are rare, they are very common in space. In meteorites, about three percent of the carbon is in the form of nanodiamonds, having diameters of a few nanometers. Sufficiently small diamonds can form in the cold of space because their lower surface energy makes them more stable than graphite. The isotopic signatures of some nanodiamonds indicate they were formed outside the Solar System in stars. High pressure experiments predict that large quantities of diamonds condense from methane into a "diamond rain" on the ice giant planets Uranus and Neptune. Some extrasolar planets may be almost entirely composed of diamond.