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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