VIDEO: SpaceX Founder Elon Musk Discusses Challenges To Establish Human Presence On Mars

By  //  May 22, 2017

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'it's going to take a lot of money'

ABOVE VIDEO: SpaceX Founder, CEO, and Lead Designer Elon Musk discusses the long-term technical challenges that need to be solved to support the creation of a permanent, self-sustaining human presence on Mars. The presentation focuses on potential architectures for sustaining humans on the Red Planet that industry, government and the scientific community can collaborate on in the years ahead. (SpaceX)

Elon Musk started SpaceX with one ultimate goal: to send humans to Mars. While the company launches satellites for NASA and communication companies, those launches are a means to an end.

In order to sustain his business and make enough money to eventually make humans a multi-planetary species, it’s going to take a lot of money.

Musk said at the International Astronautical Conference last year that he is personally accumulating assets so that he could help fund this mission to Mars.

“I really don’t have any other motivation for personally accumulating assets except to be able to make the biggest contribution I can to making like multi-planetary,” he said.

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But he admitted that it would probably end up being a public-private partnership. Musk believes that at some point, some sort of extinction will occur on Earth, so becoming an interplanetary species is the best bet if humans want to continue surviving.

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A mock SpaceX rocket on Launch Pad 39A at Kennedy Space Center in Brevard County, Florida. (SpaceX image)