Elon Musk Unveils Ambitious Plan To Build A City On Mars

Elon Musk Unveils Ambitious Plan To Build A City On Mars

Elon Musk Unveils Ambitious Plan To Build A City On Mars

Elon Musk just unveiled more of his grand plan for colonizing Mars.

And he said that the resources the company now spends on developing its other products, including the Falcon9, Dragon and Heavy spacecraft, could ultimately all be diverted into the BFR.

That's just five years from now.

Speaking at a space conference in Australia on Friday, Musk said the company had looked into applying the technology to whizzing people to different places on Earth in insanely fast times.

The project timeline for a Mars mission has actually been boosted and accelerated - last year, Musk predicted a mission to the Red Planet would happen in 2024. According to commentators, the billionaire entrepreneur does have a track record of setting ambitious time frames for SpaceX, and failing to meet them.

Musk has already launched Space X and electric auto startup Tesla, seeded the Hyperloop transportation concept, and created the Boring Company to advance more efficient ways of drilling huge tunnels. It will also include common areas, a galley and a solar store shelter.

Although SpaceX makes a lot of revenue with its current activities, its belived that the company will need a lot more revenue to meet its Mars ambitions and the USA government is a good source for these funds.

The new BFR has the highest capacity payload of any rocket ever built, meaning it has the lowest launch cost, due to its status as a fully reusable rocket while also being the most powerful.

The BFR will make the company money for its loftier endeavors by launching satellites, transporting cargo to the ISS and helping with lunar missions as part of setting up a Moon base. "What the hell's going on?"

Musk has big plans for the BFR. It could also be used much closer to home.

At the International Astronautical Congress in Adelaide today, Musk announced SpaceX's plans for an enormous new rocket that he says will go to Mars in 2022 and maybe eventually provide speedy trips around Earth.

SpaceX isn't the only company with an eye on Mars, though.

What makes this idea feasible is reusability of rockets.

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