Billionaire Elon Musk Outlines Plans For Humans To Colonize Mars

SpaceX is developing a massive rocket and capsule to transport large numbers of people and cargo to Mars with the ultimate goal of colonizing the planet, company chief and tech billionaire Elon Musk said on Tuesday.

Musk outlined his plans for the Mars rocket, capable of carrying 100 passengers plus cargo per voyage, even as SpaceX is still investigating why a different rocket carrying a $200 million Israeli satellite blew up on a launch pad in Florida earlier this month.

SpaceX intends to fly to Mars about every 26 months when Earth and Mars are favorably aligned. Musk said he would like to launch the first crew as early as 2024, a schedule he said was optimistic.

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