Elon Musk Wants You to Fly in Rockets – Not Airplanes
  • 6 years ago
Elon Musk does it again. After vowing to revolutionize the car industry with Tesla (NASDAQ:TSLA) and space travel with Space X – Musk now plans to disrupt the commercial airline industry as well.Musk plans to build a new rocket ship code named "BFR", which would allow passengers to reach anywhere on earth in under an hour."If we are going to places like Mars, why not Earth?" said Musk at the International Astronautical Congress in Australia.The new rocket would be able to carry up to 100 people, and Musk claims a cost per seat on par with a full fare economy seat in an aircraft. The financing details of developing the project are unclear, and Musk promised to address the lack of details later on. In the same conference, Musk announced Space X is shelving a 2018 mission to mars in order to focus on the new rocket. He did specify his new goal of a unmanned mission in 2022, and a first manned mission in 2024.Musk never seems to rest on his laurels – which is a blessing and curse. Always striving for improvement and efficiency is qualities to look for in a CEO, but many investors are concerned Musk is spread too thin, and will struggle to lead all of his visionary projects.