Elon Musk reveals latest plans to colonize Mars
He mentioned that the next chance to get to Mars is late next year. According to SpaceX's founder, the odds of success are currently 50-50. Musk thinks humans need a backup plan.
He said, 'Even if you don't want to do it, maybe you have a son or daughter who wants to do it or a friend who wants to do it. And I think it would be the best adventure that one could possibly do to help build a new civilization on a new planet.'
But there are some challenges ahead, like perfecting orbital refueling for Starship.
Musk said, 'Orbital propellant transfer, so you can no think of this similar to aerial refueling for airplanes but in this case its orbital refilling of rockets, which has never been done before.'
'We've had what, nine test launches, still experiencing a string of what I would call sort of related issues that have to be addressed before this thing is even a viable operational orbital vehicle, let alone a Mars vehicle," said Dr. Don Platt an Associate Professor of Space Systems at Florida Tech.
Platt continues, 'So, a ton of things happened before this thing was ready to go to Mars. Now, of course, SpaceX has had a You know, in the past, the reputation deservedly so of being able to get a lot of things done in a short amount of time. Still, the Starship has, I'm sure that they have been scratching our heads that we're there at SpaceX about sort of these continued problems they're having.'
The FAA is currently requiring a mishap investigation for Starship Flight 9.
Musk has a Mars timeline: 2026 prove we can get to Mars, 2028-2029 land initial infrastructure and prep landing areas, 2030-31 habitat construction, and 2033 increase independence from Earth.
Click here to download our free news, weather and smart TV apps. And click here to stream Channel 9 Eyewitness News live.

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
3 hours ago
- Yahoo
Elon Musk's North Star is becoming increasingly clear
Elon Musk recently announced that there will be a Tesla shareholder vote on investing in xAI. Musk's AI focus further blurs the lines between his companies as he looks to integrate AI across his business empire. AI development is pricey, and xAI is racing to rival tech giants like OpenAI and Google. AI has increasingly become the connective tissue of Musk Inc. In the last week, Elon Musk has shed light on two potential efforts to channel funding into his AI company, xAI, through his broader business empire. Over the weekend, Musk said Tesla shareholders would vote on a potential investment in xAI, after responding to a Wall Street Journal report that SpaceX is looking into investing $2 billion into the AI venture. Earlier in the week, the billionaire also announced that xAI's chatbot Grok would be integrated into Tesla "next week at the latest." It's no surprise that Musk is leaning into AI — the CEO has spoken about the idea in many of Tesla's earnings calls over the last year. What sets his approach apart, analysts say, is the way he's blending the boundaries between his companies. "What's different from most other companies is the relationship and interplay between his private companies and a public company (Tesla)," Garrett Nelson, senior VP and equity analyst at CFRA Research, told Business Insider. "Most other companies are doing everything under one corporate umbrella." These aren't the first examples of Musk blurring the lines between his companies, but they're the latest indication that Musk Inc., the constellation of companies under his leadership, is becoming increasingly centered on AI. Musk has long pushed for Tesla's focus on AI and robotics by prioritizing projects like autonomous driving, humanoid robots, and building out its Dojo supercomputer, his ambitious bid to rival Nvidia. In a 2024 earnings call, the Tesla CEO said, "We should be thought of as an AI robotics company," and those who think of Tesla merely as an auto company are holding "the wrong framework." With the recent launch of Tesla's robotaxi service in Austin, that push is appearing more prominent, especially as Tesla's auto business, in contrast, grapples with a loss in sales momentum. Musk has promoted the advantages of buying into the "Muskonomy," pitching it as a way for shareholders to tap into his business empire, which includes SpaceX, X, xAI, and The Boring Company. Musk has even said he would prioritize "longtime shareholders" of his other companies if any of his businesses were to go public. Nelson told BI that Musk leveraging his other companies and resources could help Tesla meet its AI demands for autonomous driving. "Tesla's data needs are massive if its approach to autonomous driving is going to be successful (and scalable), as its approach will require the development of a global neural network," Nelson said. While exploring ways to pool resources across companies might benefit the broader Musk ecosystem, it could carry risk. Last week, Grok sparked backlash with antisemitic outbursts on X, potentially putting investors on edge about integrating the chatbot into Tesla's EVs. xAI apologized for the incidents and said that new instructions to prioritize engagement could have reflected "extremist views" from user posts on X. Last year, Musk also sparked concern among investors when he diverted a $500 million shipment of Nvidia chips intended for Tesla to X and xAI instead. When asked about the move in a Tesla earnings call, he said it was beneficial to Tesla because the carmaker lacked the infrastructure at the time to use the chips. Gadjo Sevilla, an analyst at EMARKETER, a sister company to Business Insider, said that Musk may be leaning on SpaceX and Tesla to fund xAI because he views them as more "mature businesses." However, he said that shifting GPUs from Tesla to xAI in the past showed where Musk's priorities were, and that could delay innovation at the automaker. "The strategy of cannibalizing one business to prop up another one could take its toll," Sevilla said. "Especially since competing carmakers are focused on developing one type of product, EVs." Musk seems to be ruling out the idea of a merger between Tesla and his AI startup for now. In response to an X user asking Tesla shareholders to weigh in on whether Tesla and xAI should be combined, Musk replied with a flat "No." Investing in AI efforts might make sense from a strategy perspective, but it comes with a hefty price tag. The development, training, and implementation of foundational AI systems, like xAI's Grok 4, costs many, many billions. In March, Musk announced that xAI had acquired X in an all-stock deal, valuing the AI startup between $33 billion and $80 billion. Since founding the company two years ago, he's raised major funding, including around $12 billion in Series A, B, and C funding rounds last year. The company is expected to spend about $13 billion this year, however, and is rapidly burning through its cash reserves, Bloomberg reported. Musk's challenges keeping up with AI costs aren't unique. In a May letter to California's attorney general, OpenAI revealed concerns about competitors who are "far better funded, conventional for-profit businesses." Larger tech giants, like Amazon, Microsoft, Google, and Meta, aren't showing any signs of backing down from their AI spending spree. Earnings reports from earlier this year indicate that their combined capital expenditures are set to exceed $320 billion in 2025, a notable rise from the roughly $246 billion the four companies spent in 2024. Amazon plans to allocate over $100 billion this year toward expanding AWS and scaling AI infrastructure. Meta specifically has said it plans to spend $60 billion to $65 billion in capex on its strategy this year. Zuckerberg certainly isn't slowing down. On Monday, he announced Meta would spend "hundreds of billions" on compute to build superintelligence. Wall Street seemed to approve, with Meta's stock rising 1.3% following the news, suggesting that its concern isn't about overspending on the AI race — but rather underspending and falling behind. Read the original article on Business Insider Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data


The Verge
3 hours ago
- The Verge
SpaceX launches Amazon's Starlink-rival satellites.
Posted Jul 16, 2025 at 6:56 AM UTC SpaceX launches Amazon's Starlink-rival satellites. Amazon's third batch of Project Kuiper satellites have launched into space on Elon Musk's Falcon 9 rocket. Jeff Bezos plans to light up his space Internet service later this year with help from launch partners ULA, Arianespace, and yes, his own Blue Origin. The Kuiper constellation will eventually consist of more than 3,200 LEO satellites, less than half of what Starlink already has operating, with more competitors to come. Watch Falcon 9 launch the @ProjectKuiper KF-01 mission to orbit [


Business Insider
4 hours ago
- Business Insider
Tesla Stock (TSLA) Stalls on Fears That Head of North American Sales is Latest Leader to Quit
Tesla (TSLA) stock dropped today on a report that its top sales executive in North America, Troy Jones, has left the company. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. The Wall Street Journal reported that Jones had become the latest senior departure at the bedraggled business. The vice president of sales, service and delivery in North America – Tesla's biggest market – Jones has been with the company for 15 years. Series of Departures The EV maker, led by chief executive Elon Musk, has seen a number of recent departures since early last year. That includes key figures like Musk's confidant, Omead Afshar, chief battery engineer Drew Baglino and global public policy head Rohan Patel. The head of Tesla's Optimus humanoid robot team, Milan Kovac, announced he was leaving in June, and top battery executive Vineet Mehta did so in May. Their departures, along with others in legal and supply chain leadership, have raised questions about internal stability at the company as it navigates a sales slump and a shift to robotics and self-driving technology. Indeed, corporate governance is one of the clear risks investors need to be aware of. The group, whose stock price has slumped 22% since the start of the year, has also been plagued by falling sales and criticism over its dull designs compared to rivals such as China's BYD (BYDDY). Battered Business It has also been battered by the on and then off political relationship between Musk and President Trump. His role as head of the Department of Government Efficiency dented the brand's reputation with certain customers, with investors worried about the amount of time he spent away from the day job of running Tesla. There were also concerns about Musk's often erratic behavior in the Oval Office. When he left his government role it was hoped that the Tesla focus would return, but he is now intent on setting up his own political party to rival Trump. Perhaps it will be Musk who is the next to leave the driving seat with some rumblings that perhaps it is time for a new Tesla leader to step forward. Is TSLA a Good Stock to Buy Now? On TipRanks, TSLA has a Hold consensus based on 13 Buy, 13 Hold and 9 Sell ratings. Its highest price target is $500. TSLA stock's consensus price target is $293.38 implying a 6.52% downside.