Elon Musk reveals future price plan for a return ticket to Mars

Ready to start a new life on Mars? Elon Musk, the tech entrepreneur vying to send humans to the red planet within the next decade, claimed on Monday that the cost of a ticket will one day enable “most people in advanced economies” to feasibly give up their Earth-bound dwellings and move to Mars.

The SpaceX CEO stated via Twitter that he’s “confident” moving to Mars will one day cost $500,000 for a return ticket, possibly dropping further to below $100,000. These figures, Musk explained, are “very dependent on volume.” It comes as SpaceX is working to complete the Starship, a fully reusable stainless steel vehicle designed to comfortably transport around 100 humans to Mars and even beyond. The Starship uses liquid oxygen and methane to power its Raptor engines, meaning humans can set up a propellant plant on Mars to create more fuel and return to Earth. Musk claimed on Monday that “there’s a path” to building the Starship for less than the Falcon 9 SpaceX currently uses to send satellites into space, estimated to cost $62 million.

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This crazy ambitious timeline shows when and how Elon Musk and Space X plan to colonize Mars

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Elon Musk is hell-bent on colonizing Mars.

That’s the spirit with which he founded SpaceX, his rocket company, in 2002. Musk was frustrated that NASA wasn’t doing more to get people to the red planet – and concerned a backup plan for humanity wasn’t being developed (for when Earth becomes an uninhabitable wasteland).

Since then, SpaceX has developed several impressive aerospace systems: Falcon 1, SpaceX’s first orbital rocket; Grasshopper, a small self-landing test rocket; Falcon 9, a reusable orbital-class launcher; Dragona, a spaceship for cargo and soon NASA astronauts; and Falcon Heavy, a super-heavy-lift launcher.

But Mars is a cold, unforgiving, and almost airless rock located some 140 million miles (225 million kilometres) from the Sun.

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Elon Musk is building a spaceship that’s so ambitious that some experts are calling it ‘science fiction.’ Here’s what SpaceX and its engineers are up against.

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Elon Musk plans to blast a tourist around the moon in a ship made by his rocket company, SpaceX.

The private lunar mission is meant to demonstrate a new two-part launch system called Big Falcon Rocket, which is designed to eventually bring humans to Mars.

Engineers are said to be building a prototype of the BFR’s spaceship primarily out of carbon-fiber composites.

Exactly how SpaceX is building that spaceship isn’t publicly known, but industry experts have some guesses.

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Space X: Elon Musk shares staggering video that shows true size of rockets

Elon Musk has shared a video that helps visualize the sheer scale of SpaceX’s rockets, and the results are awe-inspiring. The CEO retweeted a video on Wednesday from YouTube channel Corridor Crew, which uses visual effects to show the size of the Falcon 9, Falcon Heavy and BFR rockets in real-life situations.

The video, which uses 3D models produced by Reese Wilson, shows the sheer scale of the company’s rockets that it’s using to fulfil its space exploration ambitions. While the Falcon 9 has been sending satellites into space and the Falcon Heavy completed a test flight with the Tesla Roadster, it’s the upcoming BFR that will transport humans to Mars as soon as 2024. Musk described the video as “cool,” while astronomy writer Phil Plait wrote that it was “amazing. The SF/X are really really good. I’ve been to the SpaceX factory twice, and have seen the landing leg on the main floor and the booster outside. They’re WAY bigger than you’d think.”

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