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Building City on Mars Could Cost up to $10 Trillion: Elon Musk

SpaceX is building “Starship” (formerly known as the BFR), a fully reusable vehicle designed to take humans and supplies to Mars

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Elon Musk, CEO of SpaceX and Tesla. Wikimedia Commons

SpaceX CEO Elon Musk has not stopped at lofty talks of colonising Mars. He has even estimated the cost of having a self-sustaining civilization on the Red Planet which is “between $100 billion and $10 trillion”.

Musk tweeted his estimates of building a city on Mars in response to a question posed by the Twitter handle @marstronauts.

So according to the estimate by Musk, building a city on Mars could cost anywhere between 10 per cent of the US’ 2019 military budget and three times the the country’s 2018 tax revenue, Futurism.com reported on Tuesday.

Musk calculated the approximate future cost of sending a minimum payload to Mars “to nearest order of magnitude”, at $100,000 per tonne.

Musk, Neuralink, Brain
Not many people know that Tesla Founder and CEO Elon Musk owns a startup called Neuralink that is developing ultra-high bandwidth brain-machine interfaces. Pixabay

So if building a self-sustaining city on Mars requires a million tonnes of cargo, the cost would be around $100 billion, he calculated.

Musk earlier advocated the need of a “backup” planet.

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Speaking in an interview with Axios in November 2018, Musk said that that there is “70 per cent chance that he will go to Mars”, despite a “good chance” of him not surviving either on the way or after landing.

SpaceX is building “Starship” (formerly known as the BFR), a fully reusable vehicle designed to take humans and supplies to Mars. (IANS)

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Elon Musk Relaunches Tesla Solar Panel Business

In June, Musk tweeted that he hoped to manufacture about 1,000 solar rooftops a week by the end of 2019

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Tesla CEO Elon musk, board
Tesla CEO Elon Musk. (VOA)

Multi-billionaire tech mogul Elon Musk has relaunched Tesla’s solar panel services, claiming that it could save a user about $500 a year.

Musk took to Twitter on Sunday to ask followers what they thought about the relaunch.

“Lmk what you think,” wrote the entrepreneur with a link to the new website.

Besides California, solar panel rentals would be offered in Arizona, Connecticut, Massachusetts, New Jersey and New Mexico, Engadget reported on Sunday.

tesla
Visitors inspect Tesla electric cars at Brussels Motor Show, Belgium, Jan. 18, 2019. VOA

According to Tesla’s website, one can rent solar power panels or solar roofs for as little as $50 a month and that cost included panel installation, hardware, and ongoing maintenance.

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Musk said consumers could cancel anytime, although according to the Tesla website, there was a $1,500 charge to remove panels and restore the roof to its previous condition.

In June, Musk tweeted that he hoped to manufacture about 1,000 solar rooftops a week by the end of 2019. (IANS)