Musk has previously suggested that he agrees, noting that the resources on Mars would likely be valuable only to settlers hoping to build up industries on the planet. Please deactivate your ad blocker in order to see our subscription offer. Analysis by Jackie Wattles, CNN Business 9/8/2020.

NY 10036. If it proves capable of the trek to Mars, settlers will need air-tight habitats to shield them from toxic air and the deadly radiation that rains down on its surface. SpaceX employees? Super Heavy will return to Earth, make a vertical landing and fly again — many more times, in fact. Researching and building this plasma jet prototype cost $100 million alone. The 100-passenger Starship will launch to Earth orbit atop a huge rocket called Super Heavy, then make its own way to Mars (or the moon, or whatever its final destination may be — the ship could go many places in the solar system, Musk has said). Visit our corporate site. Quartz is owned by Uzabase, the business intelligence and media company. News for the next era, not just the next hour. These are some of our most ambitious editorial projects. Compare that to a sand chart depicting the results of NASA trying to land on Mars as soon as 2033: You can see that the huge up-front costs of building the infrastructure to send people on the longest voyage ever made would demand immediate budget increases that seem impossible to enact. "You'd need to use some alien technology. But if you are working, what you could do is sell your labor for seven years. Is that profitable? And that begs the question: Is there money to be made on Mars? As the National Research Council’s 2014 analysis of space exploration noted, twenty years before the first humans landed on the moon, “it would have been difficult to anticipate the technological progress in many area—from computing to guided missile technology—that would enable Apollo. Follow Mike Wall on Twitter @michaeldwall. Europe will help build NASA's moon-orbiting Gateway space station, NASA's OSIRIS-REx spacecraft is tucking away precious asteroid samples for safekeeping. AHe said then the mission would cost about $1.5 billion, or 40 percent less than the $2.5 billion cost of the Mars Science Laboratory mission that landed the Curiosity rover on Mars … To be clear: The story of American colonialism also included chattel slavery and the brutalization and erasure of many native populations. “I’ve never seen one reach a trillion dollars.” But, he says, the big ticket price is not the right question. Musk, the company's CEO and chief engineer, refers to his interplanetary ambitions more like a sci-fi protagonist with a moral calling than an entrepreneur with a disruptive business plan. But for at least the first 100 years that humans have a presence on Mars, the economic situation will be dubious, said Michael Meyer, the lead scientist for NASA's Mars Exploration Program, which recently launched the Perseverance rover to further study the planet robotically. One debate at the Summit was whether using reusable rockets will make Martian missions cheaper up front. It's not even clear if there are enough resources on Mars to make terraforming possible at all. "Very dependent on volume, but I'm confident moving to Mars (return ticket is free) will one day cost less than $500k & maybe even below $100k. Is that profitable? Follow us @Spacedotcom or Facebook. Money-making ambitions aside, the idea that Mars could one day become home to a metropolis and — potentially — a tourist destination is acknowledged by mainstream scientists like Meyer, NASA's lead Mars expert.

SpaceX did not respond to requests for comment for this story. © 2020 Quartz Media, Inc. All rights reserved.

It'd be an attempt to use the same greenhouse gases causing the climate crisis on our home planet to make Mars' atmosphere thicker, warmer and more hospitable to life. One of the most challenging hurdles may also be financial: Not even Musk has ventured to guess an all-in cost estimate. Many, perhaps most, of those technology advances resulted from research outside NASA. Can private-sector space business be profitable, or is it just an exciting way for billionaires to live out their fantasies? Musk does have a plan for making Mars an attractive destination for long-term living: Terraforming, a hypothetical scenario in which humans make Mars more Earth-like by pumping gases into the atmosphere. Thank you for signing up to Space. ... much less create a Mars … By Mike Wall 13 February 2019. Well sure, that's what people do to each other all the time.

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