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

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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...

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