Elon Musk Denies That SpaceX's Mars Colony Will Be a Ticket Out for the Rich

By Catie Keck on at

As Mars colonisation inches ever closer to becoming a reality, some have argued that the ability to afford a ticket to the Red Planet is a luxury afforded only to the wealthiest members of society. Billionaire Elon Musk has said it’ll run potential Mars inhabitants travelling with his company SpaceX hundreds of thousands of pounds to get there. But in a new interview, he rebuffed the assertion that a one-way ticket to Mars is an easy ticket out for the rich.

The comments were part of an interview with the SpaceX and Tesla CEO that will air Sunday evening in the final episode of Axios’ four-part limited documentary series on HBO. In a clip from the interview, Elon Musk hinted that advancements by his company for Mars colonisation have been notable and said there’s a “70 per cent” chance that he heads to the Red Planet himself.

“We’ve recently made a number of breakthroughs that I am just really fired up about,” Musk said, who added he’s considering moving to there. Asked whether a Mars colony will end up being an “escape hatch for rich people,” Musk responded: “No. Your probability of dying on Mars is much higher than Earth.”

Musk reasserted that a trip to Mars with his company would be likely be priced at a “couple hundred thousand dollars,” which is certainly an exorbitant amount of money for the average person but relatively low for space travel. But in spite of the reported thousands of people who are already vying for an opportunity to colonise the planet, Musk pointed to the harsh conditions under which any Mars inhabitants would be expected to live and insinuated it wouldn’t be the cush existence that might appeal to the wealthy.

The SpaceX CEO noted the intense working conditions for early Mars settlers, claiming that anyone who makes it through the initial trip has “nonstop” work ahead of them in order to help build the base. Musk said there will be little in the way of time for leisure, and even if Mars inhabitants can tough it through the initial trip and daily work, there’s still a chance that the conditions on Mars could result in death. There’s also the possibly those who travel to Mars may never return to Earth.

“Does that sounds like an escape hatch for rich people?” Musk asked.

Speaking at the International Astronautical Congress in Guadalajara, Mexico last year, Musk said that he aimed to base the cost of the trip around the median price of a house in the U.S.

“You cannot create a self-sustaining civilisation if the ticket price is $10 billion per person,” he said. “If we can get the cost of moving to Mars to be roughly equivalent to a median house price in the United States, which is around $200,000, then I think the probability of establishing a self-sustaining civilisation is very high. I think it would almost certainly occur.”

Musk also said that sponsorships could come into play and suggested that the average person could squirrel enough away to eventually afford the trip.

“Not everyone would want to go. In fact, probably a relatively small number of people from Earth would want to go, but enough would want to go who could afford it for it to happen,” he said. “People could also get sponsorship. It gets to the point where almost anyone, if they saved up and this was their goal, could buy a ticket and move to Mars — and given that Mars would have a labour shortage for a long time, jobs would not be in short supply.”

Gizmodo reported in April of last year that some people were already working with financial planners to save for their trips the Red Planet. Dan Egan, the VP of behavioural finance at online investing service Betterment, told Gizmodo at the time the idea was that “over time, the price of [space travel] will come down, and if our customers start saving, they’re going to be able to afford that.”

Be that as it may, 200,000 clams is still a hefty and unattainable sum of money for most — even for those already saving. [Axios]