Given what we know about the physical mechanisms underlying earthquakes, what do the theoretical upper bounds on the magnitude of an earthquake look like? What physical phenomena impose those upper bounds?
Assume that we're talking about the "modern" Earth, i.e. from the past 4 billion years, after the Earth was fully formed. Also assume that only natural phenomena are involved - no nuclear weapons or Deep Children or anything of the sort.
If it makes a difference, I would like to know what the answer looks like in two cases:
- No impact events are involved - the earthquake is generated by purely terrestrial phenomena
- Arbitrarily large impact events are involved, provided that the Earth still looks "roughly the same" (defined however makes sense to you) after the impact
We have a trivial upper bound of moment magnitude ~25 for the former case, since the energy released by a magnitude-25 earthquake is roughly equal to the total mass-energy of the Earth1 - but I'm sure you folks know of tighter bounds than that. :)
(cf. the question Are Richter-magnitude 10 earthquakes possible? - but most of the answers there are from a statistical perspective, not a physical perspective.)
Notes
1 As we know, the total mass-energy content of a system is given by
$$E = \sqrt{(mc^2)^2 + (pc)^2}$$
Since the Earth's motion (both translational and rotational) is non-relativistic, we discard the momentum term as negligible and simply write $E = m_\text{Earth}c^2$. Using $m_\text{Earth} = 6 \times 10^{24}\ \mathrm{kg}$, this gives us $E = 5 \times 10^{41}\ \mathrm{J}$. Converting this to a moment magnitude using
$$M = \frac{2}{3} \log_{10} \left(\frac{E}{1\ \mathrm{N} \cdot \mathrm{m}}\right) - 2.9$$
we get $\boxed{M \approx 25}$.