Elon Musk, CEO of SpaceX, believes he can establish a metropolis on Mars by 2050, ‘hopefully.’

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Elon Musk, CEO of SpaceX, believes he can establish a metropolis on Mars by 2050, ‘hopefully.’

Elon Musk, CEO of SpaceX, estimates that it will take him “roughly 20 years” to establish a metropolis on Mars, a project that might cost him £7.19 trillion ($10 trillion).

SpaceX CEO Elon Musk’s imagination knows no limitations, whether it’s sending astronauts to the Moon or researching neural implants for brain-computer interfaces. The eccentric South African billionaire built his money by launching satellites into orbit, but he’s always had one aim in mind: Mars.

Mr Musk has long stated that the fundamental goal of his space explorations is for humankind to become a spacefaring civilisation.

He’s putting money and resources into the Starship program, which aims to create a totally reusable and interplanetary launch vehicle.

Because it is reasonably close, relatively easy to approach, and its surface conditions are suitable for human exploration, Mars is the most obvious contender for a human colony.

Mr Musk has now revealed some details about his Mars plans, claiming that humanity’s first settlement on the Red Planet may be completed by 2050.

On Saturday, the SpaceX CEO was questioned on Twitter about the company’s intentions for a Raptor plant in South Texas.

Raptors are the massive engines that power SpaceX’s Starship, a prototype Mars rocket.

Mr Musk announced that a second Raptor facility in Texas will shortly “break ground,” focusing on Raptor 2 engines, while another branch in California will focus on orbital engines and “new, experimental designs.”

“What volume manufacturing are you going for?” a SpaceX fan inquired. “How many Raptors do you have each year?”

Mr Musk went on to declare that during the next year, the company will produce thousands of engines, enough to assemble a fleet of Mars-bound spacecraft.

“Roughly 800 to 1,000 per year,” he said. That’s roughly how long it’ll take to establish the armada needed to build a self-sustaining metropolis on Mars in ten years.

“The city will probably take about 20 years to build, so maybe it will be completed by 2050.”

The billionaire has previously stated that he can establish a base on Mars within the next 30 years.

He has previously spoken out about the massive undertaking, giving his staggering estimations for the mission’s cost.

He told his devoted Twitter followers three years ago how much it costs to develop a city on the “Brinkwire Summary News.”

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