SpaceX CEO Elon Musk's Mars Plan Finally Released

Shifting home to MARS could be soon possible says SpaceX CEO Elon Musk
Elon Musk unveils his Mars plan to the scientific community
Author

01 July, 2017

SpaceX CEO Elon Musk's vision to send a million people to Mars is now in print, but the billionaire visionary says he's already working on an update.

According to V1 of the plan, getting to Mars depends on a reusable rocket-and-spaceship tandem, which Musk has called the Interplanetary Transport System (ITS). The spacecraft would also be capable of being refueled in low Earth orbit before blasting its way out toward Mars. Now the Mars colonization paper can be read by all on News Space until July 5.

Musk points out in the paper that the Mars colonization mission is both expensive and unsafe, but developing technology will alleviate some of the dangers while the reusable rockets and spaceships will cut launch and transfer costs tremendously.

"In the future, we expect to add additional launch locations, probably adding one on the south coast of Texas, but this gives you a sense of the relative capability", Musk added in the New Space article, which puts to paper the vision he unveiled in September 2016 at a conference in Mexico.

He maintains that if humanity continues to stay only on Earth, we will be wiped out by an extinction event and instead we should become a multi-planetary species.

SpaceX's rockets will be around 400 feet tall, which would make them the largest rockets in history.

The ITPs would be reusable, capable of landing and taking off on Earth and Mars and would be powered by a Raptor rocket engine that burns liquid oxygen and methane.

Long gone are the days of dreaming about space travel and seemingly impossible inventions, thanks to science and geniuses such as Elon Musk, fantastical goals are turning into everyday realities.

The Saturn V rocket that got humans to the moon had five engines.

South African-born businessman, Mr Musk, believes SpaceX can make it commercially viably to create a civilisation on Mars and hopes that tickets will be available for a relatively cheap $200,000 (£157,000) per person.

In his plan, Musk said during the window when Earth and Mars align, he envisions 1,000 or more ITS spaceships waiting in orbit. But he acknowledged that success is far from guaranteed. It is a full-flow staged combustion engine, which maximizes the theoretical momentum that you can get out of a given source fuel and oxidizer.

"There is a huge amount of risk", wrote Musk, according to The Daily Caller. "There is a good chance we will not succeed, but we are going to do our best and try to make as much progress as possible", he noted.

Despite the admittedly exorbitant price, it's worth noting that much of that money is actually going to resources and preparations that will actually get humans to Mars safely.


More news


  • PM Lee apologises to Singaporeans for Oxley Road dispute

    PM Lee apologises to Singaporeans for Oxley Road dispute

    Singapore's most famous family is in the midst of a feud. "They must be and will be dealt with openly and refuted", he said. The family dispute has affected Singapore's reputation and citizens' confidence in government, the PM declared on Monday.
    NC House Passes Brunch Bill, Sunday Morning Alcohol Sales Start Earlier

    NC House Passes Brunch Bill, Sunday Morning Alcohol Sales Start Earlier

    The North Carolina Restaurant and Lodging Association expects only half of the state's counties will allow the sales. The group's CEO Lynn Minges says the change will be a big boost for businesses and tax revenue.
    Fatal stabbing at Springfield shopping center under investigation

    Fatal stabbing at Springfield shopping center under investigation

    Around the same time, police were called to a report of a possible burglary at a pet store in the shopping center. An investigation shows the victim, Kieron Hart, 29, of Springfield, had severe injuries to the upper body.
  • What Are Analysts Report About California Resources Corporation (CRC)

    Halcon Resources Corporation reported its EPS as $8.83 with the analysts projecting the EPS of the stock as $1.84. Seaport Global reinitiated Halcon Resources Corporation (NYSE:HK) on Tuesday, May 23 with "Buy" rating.

    Callon Petroleum Company (CPE) is GeoSphere Capital Management's 5th Largest Position

    Euro Pacific Capital raised its rating on Callon Petroleum Company to Buy on 13/04/2017 in a reversal from its prior Hold rating. The company has mean EPS estimate of 0.16 reported by 24 number of analyst for the quarter ending Current Qtr.(Jun2017).

    Most Recent Analysts Ratings Rowan Companies plc (RDC)

    Analysts are expecting EPS growth rates to be at 240.60% this quarter and EPS estimate for next year reflect -110.90% growth rate. The lowest 12-month price target for the shares is $12.00, which would be an increase of about 0% of its current value.
  • Wyoming's Adams, Shyatt to reunite at NBA Summer League

    Wyoming's Adams, Shyatt to reunite at NBA Summer League

    After the NBL season was over he signed with PAOK Thessaloniki, a professional team in Greece. Young played 7.6 minutes per game this past season, averaging 2.3 points and 0.9 rebounds.

    How Analysts Feel About LHC Group, Inc. (NASDAQ:LHCG)?

    Subsea 7 S.A.is a provider of seabed-to-surface engineering, construction and services contractor to the offshore energy industry. Following the transaction, the chief operating officer now directly owns 114,235 shares in the company, valued at $7,421,847.95.
    Wie, three back, in the hunt for her second major

    Wie, three back, in the hunt for her second major

    Her biggest hurdle could well be co-leader Sei Young Kim, the LPGA Tour's 2015 Rookie of the Year and already a six-time victor . Shon was 8 over in her first 14 holes and had to return on Friday to complete the round after thunderstorms suspended play.
  • Have The Names Of Beyonce & Jay-Z's Twins Been Revealed?

    Have The Names Of Beyonce & Jay-Z's Twins Been Revealed?

    Beyoncé , as always, has dominated headlines as of late - and it was all down to when and IF she gave birth to her twins . Another sarcastically said she felt the names Red Velvet and Purple Rain would have been better.

    William Blair Investment Management LLC Increases Position in j2 Global, Inc. (JCOM)

    The disclosure for this sale can be found here. $96,983 worth of J2 Global Inc (NASDAQ:JCOM) shares were sold by ROSSEN JEREMY. Zacks Investment Research's sales averages are a mean average based on a survey of sell-side analysts that follow j2 Global .

    Marvell Technology Group Sees Unusually Large Options Volume (MRVL)

    Oakworth Inc holds 505 shares or 0.01% of its portfolio. (NASDAQ:TTEK) or 36,758 shares. 6,500 are owned by Pacad Invest Limited. Moreover, Janus Cap Management Ltd Limited Liability Company has 0% invested in Marvell Technology Group Ltd. (NASDAQ:MRVL).