Elon Musk's plan to slash Mars colonisation cost from $1,000 trillion to $25 billion

Posted on:
Key Points

Musk estimates that building a Martian city would require at least a million tons of equipment, translating to an astronomical cost of over $1000 trillion - far exceeding the current US GDP of $29 trillion...

Days after SpaceX successfully returned and grabbed the Super Heavy rocket with a picture-perfect catch, SpaceX CEO Elon Musk has outlined an ambitious vision for making human life multiplanetary...

The SpaceX chief engineer emphasised the need for a dramatic 1000-fold improvement in rocket and spacecraft technology to make Mars colonisation economically feasible...

Getting the cost per ton to the surface of Mars low enough that humanity has the resources to make life multiplanetary requires a roughly 1000X improvement in rocket & spacecraft technology...

As SpaceX continues to refine and test the Starship system, the aerospace industry watches closely to see if Musk's vision of affordable interplanetary travel and colonisation can be realised, potentially opening a new chapter in human exploration and settlement beyond Earth...

You might be interested in

Starship: SpaceX tests the most powerful ever rocket system

16, Mar, 23

The Elon Musk company ignites 31 engines at the base of its huge new rocket system, Starship.

Elon Musk's SpaceX firm set to fly giant Starship rocket system

17, Apr, 23

Elon Musk's company is counting down to the debut launch of the most powerful rocket ever built.

Elon Musk’s SpaceX postpones first test flight of Starship rocket

17, Apr, 23

Elon Musk’s company SpaceX has postponed the debut launch of the most powerful rocket ever built, Starship. The uncrewed flight was scheduled to lift off from Boca Chica in Texas at 08:20 local time (14:20 BST).

Musk says SpaceX Starship rocket launch slipping to later in April

11, Apr, 23

"Starship launch trending towards near the end of third week of April," Musk wrote on Twitter a day after stating that it was ready for launch and "awaiting regulatory approval."