Travel to Mars for $200,000 on Elon Musk’s SpaceX Express
Elon Musk wants you to live on Mars but today's ticket price of $10 Billion is too high for most individuals so he has a plan to get it down to just $200,000
Key takeaways
- In order to achieve his goal of affordability though he has to first do some very radical things, and change the economics of space flight.
- To solve this problem Musk is suggesting using Methane produced on Mars that, if successful, would allow them to refuel using resources native to the red planet.
Cite or link to this article
Griffin, M. (2017) 'Travel to Mars for $200,000 on Elon Musk’s SpaceX Express', 311 Institute, 21 June. Available at: https://www.311institute.com/travel-to-mars-for-200000-on-elon-musks-spacex-express/ (Accessed: 1 October 2026).
Last year Elon Musk, the CEO of SpaceX and Tesla, delivered an address at the International Astronautical Congress held in Guadalajara, Mexico where he outlined his vision of not just getting humans into space, but also creating what will be humanities first Martian colony, from the year 2022 onwards.
Last week he consolidated his speech down into a fifteen page article that was published in this month’s issue of the journal New Space, and in it he focused on affordability as a major factor to ensuring we colonise Mars.
“You cannot create a self-sustaining civilization if the ticket price is $10 billion per person,” he says, going on to say that he believes the cost should be about $200,000, or the equivalent of the average house price in the US.
In order to achieve his goal of affordability though he has to first do some very radical things, and change the economics of space flight. The first step, he says, is to develop fully reusable transport, such as a reusable Falcon 9 and more importantly a reusable Falcon Heavy, SpaceX’s heavy lift launch vehicle that can haul just under 45 metric tonnes of cargo and humans into space. And then next comes fuelling, another key factor in controlling costs because equipping any spacecraft with additional fuel will significantly increase the weight of the craft, and therefore the expense and complexity of hauling it all into space. To solve this problem Musk is suggesting using Methane produced on Mars that, if successful, would allow them to refuel using resources native to the red planet.
Increasingly many experts, such as Stephen Hawking, believe that in order to ensure the survival of our species, in some cases beyond 2150, and especially as we witness the rise of Artificial Intelligence, we must work to be multi-planetary beings and even NASA is now starting to get serious about the next step of creating genetically modified astronauts that are “optimised” for living in space. And arguably, Musk’s vision to get us to Mars is the first step towards achieving that goal.
That said though colonising Mars is one option to save the planet, or us, but other companies and individuals are floating others, such as mining the Moon for resources, and even turning asteroids, which in the case of one 250km wide asteroid “of interest” has hundreds trillions of dollars worth of Nickle and Iron, into spacecraft that we can bring closer to Earth so we can mine them.
We are entering an exciting new crossroads for humanity and things are only going to get more interesting from here - that is unless the brakes on the asteroid NASA turns into a spacecraft fails and it slams into the Earth in which case all bets are off...
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Elon Musk wants you to live on Mars but today's ticket price of $10 Billion is too high for most individuals so he has a plan to get it down to just $200,000

About the author
Matthew Griffin Founder, 311 Institute
Matthew Griffin is a multi-award winning Futurist and expert in Disruption and Innovation, Geopolitics, Leadership, and Technology, who NASA have described as a "walking encyclopaedia of the future" and a "futurist Polymath."
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Matthew Griffin is a multi-award winning Futurist and expert in Disruption and Innovation, Geopolitics, Leadership, and Technology, who NASA have described as a "walking encyclopaedia of the future" and a "futurist Polymath." 15-time best selling author of the "Codex of the Future" series, Matthew is the Founder and Futurist in Chief of the 311 Institute, a global Futures and Deep Futures advisory firm working with royal households, world leaders, G7, G20, and G77 governments, NGOs, and multi-national mid and mega cap firms to help them explore, shape, and lead the next 50 years of business and society.
An award-winning YouTube creator with over a million followers, with an unrivalled global reach and impact, Matthew is a highly sought-after international keynote speaker, lecturer, and mentor who collaborates with global leaders through the United Nations Alliance of Civilizations (UNAOC) and United Nations General Assembly (UNGA) to shape pivotal initiatives such as the UN’s AI for Humanity program, the United Nations Conference of the Parties (UN COP), and the World Economic Forum in Davos.
As the former Global Head of Cloud, National Security, and Enterprise Sales for companies including Atos, Dell-EMC, and IBM, Matthew has a proven track record of building multi-billion dollar business units and turning failing divisions into market leaders. His ability to identify, analyse, and communicate the implications of hundreds of emerging technologies and trends is unparalleled, and his insights are trusted by many of the world’s most respected organisations, including ABB, Accenture, Adidas, AON, ARM, BCG, Centrica, Citi, Coca-Cola, Dentons, Deloitte, Dow Jones, EY, Google, KPMG, Lego, Legal & General, LinkedIn, Microsoft, PepsiCo, Qualcomm, RWE, Samsung, Siemens AG and Siemens Energy, T-Mobile, UBS, VISA, Walmart, Workday, Worldpay and many others.
Regularly featured in the global media including the AP, BBC, Bloomberg, CNBC, Discovery, Forbes, Khaleej Times, Telegraph, TIME, ViacomCBS, WIRED, and the WSJ, Matthews mission is to help organisations create a fair and sustainable future whose benefits are shared by everyone irrespective of their ability, background, or circumstances.
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Sources and further reading
- Space.2017.29009.emu online.liebertpub.com
Source: first published by the 311 Institute on 21 June 2017. Cite as: Griffin, M. (2017). Travel to Mars for $200,000 on Elon Musk’s SpaceX Express. 311 Institute. https://www.311institute.com/travel-to-mars-for-200000-on-elon-musks-spacex-express/
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