I've had a skim through the Magico website and they certainly seem to have very well constructed products. As with many of these types of manufacturers, they're catering to the upper end of the market. In a practical sense, this can't be achieved with an average looking product. Lashings of carbon fiber and other "exotic" materials is par for the course. In addition to this, they have some very appealing looking enclosures that are very obviously bespoke.
View attachment 448808
This example is selling for AU$1,499,999 for the pair. Sadly, all the esoteric materials and other high-spec components that these units are constructed with guarantees that they will sound good to everyone. And herein lies the issue with speakers, regardless of price, they either sound good or maybe "right" to an individual or they don't. Finally is there really enough of anything in these devices to justify the staggering price? Ultimately it doesn't matter as there is a very small market for such things. For a set of these to find a home there first needs to be a wealthy enough customer who then will find the sound of these appealing. Alternatively, the customer has money to burn and just likes the aesthetics.
In some ways I'm glad things like this exist. They may be outrageously overpriced but you can't deny the care and attention that has gone into creating them.