SpaceX founder Elon Musk thinks his private spaceflight company will have the capability to land humans on Mars within 12 years, assuming the availability of funding for the historic mission. Also, once SpaceX starts making steps toward this goal, the company could be floated on the stock market to boost investment for the Red Planet adventure.
NEWS: Musk: SpaceX Making ‘Progress' Toward Mars Colony
Musk, who also founded the electric car manufacturer Tesla, has always made his interplanetary intentions known, but this recent announcement is a reminder about how far the company has come and how far it is looking into the future.
During the CNBC interview, Musk said: "I'm hopeful that the first people could be taken to Mars in 10 to 12 years, I think it's certainly possible for that to occur. But the thing that matters long term is to have a self-sustaining city on Mars, to make life multiplanetary."
Musk also highlighted NASA's role in SpaceX's success, pointing out that without the U.S. space agency's pioneering work that SpaceX wouldn't be where it is today. NASA provided funding to help develop SpaceX's Falcon rocket series and Dragon space capsule, eventually awarding the company a $1.6 billion contract to help resupply the International Space Station.