Elon Musk Sets Sights on Mars

Photograph by Pete Marovich/Bloomberg

Elon Musk, co-founder and chief executive officer of Tesla Motors Inc. and Space Exploration Technologies Corp. (SpaceX), left, arrives to testify at a Senate Appropriations subcommittee hearing in Washington, D.C., on March 5, 2014.

The Red Planet is in Elon Musk’s sights.

“After Apollo, we were supposed to go to Mars? What happened,” asked Musk, the Tesla Motors chief executive officer and chairman of Space Exploration Technologies Corp.

Musk spoke in an interview after testifying before a Senate subcommittee looking at the potential for competition in the $70 billion market to launch military and spy satellites into space. Musk’s company already holds a National Aeronautics and Space Administration contract to resupply the international space station and has received NASA funding to develop a rocket and capsule capable of carrying astronauts there.

Musk would like to go further into the final frontier.

“The ultimate goal is to keep enhancing our technology to  get to Mars,” he said. “The more revenue we obtain, the more money we can apply” to research and development to achieve that goal.



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