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Other people seem to be having the same problem, and are piecing together the clues:
https://forums.macrumors.com/threads/macos-big-sur-update-bricking-some-older-macbook-pro-models.2268438/page-22Reports on there say Apple are aware and doing repairs/replacements even for older machines.
What about not internet-, but regular recovery mode ([cmd] + [r] on startup, release when the apple shows)?