I find you missed a few things with the Aedra. Now, I might bewrong, but here's my understanding of it;
So this part wasn't a mistake, but is worth mentioning, that stars are holes, through which the Aedra left, when they opted out of Mudus' creation.
This is the part I think you got wrong; Magnus didn't agree to any of this, and also tried to leave. However--and I forgot why--but he couldn't, and so the hole he tried to leave through--the sun--was much bigger, and part of him was left behind on Mundus, and harnessing those remnants created Magicka.
But, I might be wrong. Been forever, since I studied up on ES lore.
English
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It sounds right... You can check imperial-library.info , it's great for ES lore
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I always loved the concept of magicka in ES. Harnessing the power of a god that tried to ditch the world. ^-^
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Also if you're looking for creation myths on imperial-library.info search Monomyth
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