"If we can do that, all those resources can be applied to this system." "We want to have one booster and ship that replaces Falcon 9, Falcon Heavy and Dragon," he said. In order to make the rocket affordable, Musk said SpaceX will rely on cost savings from reusability, as well as combining all of the company's vehicles into a single product line.
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"The most important thing I want to convey in this presentation is that I think we have figured out how to pay for it," Musk said.
The updated concept does not drastically depart from SpaceX's original plan, but does add insights into how the new rocket and spacecraft-which Musk estimated would cost $10 billion to develop-might be funded. That presentation unveiled an audacious plan to place a million people on Mars in 40 to 100 years. Today's plans are an evolution of the concept Musk revealed at last year's International Astronautical Congress in Guadalajara, Mexico. SpaceX will eventually phase out its Falcon 9, Falcon Heavy and Dragon vehicles completely, relying on its new Mars architecture for all missions. The new concept features a slightly smaller rocket and spacecraft designed for a broader range of applications beyond Mars, including a Moon base and point-to-point Earth transport. SpaceX CEO Elon Musk presented an updated version of his Mars colonization plans today, during a widely anticipated talk at the 68th International Astronautical Congress in Adelaide, Australia.
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