• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
TechElon Musk

Elon Musk Wants to Enable Entrepreneurship on Mars

Andrew Nusca
By
Andrew Nusca
Andrew Nusca
Editorial Director, Brainstorm and author of Fortune Tech
Down Arrow Button Icon
Andrew Nusca
By
Andrew Nusca
Andrew Nusca
Editorial Director, Brainstorm and author of Fortune Tech
Down Arrow Button Icon
June 2, 2016, 3:51 AM ET
Tesla and SpaceX CEO Elon Musk at Code Conference 2016
Tesla and SpaceX CEO Elon Musk at the 2016 Code Conference in Rancho Palos Verdes, Calif.Still courtesy Vox Media

Rocket Man was running late. His landing gear wouldn’t retract when his private jet lifted off the runway. The pilot said that if he retracted the landing gear it might not deploy again. And so Elon Musk, chief executive of SpaceX, the high-risk space exploration company hellbent on manufacturing and launching spacecraft, flew to Rancho Palos Verdes, Calif. with wheels out.

“Sorry I’m late,” he somewhat bashfully told an audience of technologists at the annual Code Conference.

Musk quickly made up for it with a master class in physics and candor about his work to successfully launch reusable rockets and his broader goal to colonize Mars. (Musk is also CEO of Tesla Motors and chairman of SolarCity.)

“There are a lot of things where I didn’t think we would be successful,” Musk acknowledged. But he was. The most significant recent achievement to Musk is being able to land an orbital-class rocket on land at Cape Canaveral, Fla. as well as on a drone ship in the ocean.

“A lot of people were confused: ‘Why the heck are you landing a rocket on a ship in the ocean? That seems pretty inconvenient,'” Musk said. “Going up and staying up is actually about velocity horizontal to the Earth’s surface. There’s a huge difference between space and orbit.”

The reason that things go up and stay up, Musk said, is because they are moving so fast around the Earth—yes, around, rather than straight up—that their outward radial navigation is equal to the inward acceleration of gravity. Those balance out, creating net zero gravity. The science of this is called orbital dynamics, and it’s the reason the International Space Station looks immobile even though it’s orbiting the Earth at 17,000 miles per hour—more than 25 times faster than the bullet from a .45 caliber handgun.

“There’s no such thing as the term ‘escape altitude,’ just ‘escape velocity,'” Musk said.

Get Data Sheet, Fortune’s technology newsletter.

So what’s all that have to do with SpaceX? Well, it’s horizontal velocity—not altitude—that allows the company’s rockets to reach orbit. Normally, if SpaceX wants to save that rocket from certain destruction, it would have to burn fuel to halt and reverse speeds of up to 10 times the speed of sound—”physically impossible” in the vacuum of space, Musk said. That’s not going to happen.

So SpaceX instead continues the ballistic arc the rocket takes and land it far out to sea on a ship pre-positioned within a meter of specified latitudinal and longitudinal coordinates. In April, it managed to do just that, proving that a $35 million Falcon 9 rocket stage could be saved and reused.

“I tell my team, imagine there’s a pallet of cash that was plummeting through the atmosphere and it’s going to burn up and smash into tiny pieces. Would you try to save it? Probably yes. That sounds like a good idea,” Musk said as his audience giggled. “So we want to get it back and that way we don’t have to make another one. I think it’s quite tragic that rockets would get smashed up into tiny pieces.”

Musk hopes to reuse one of the landed rocket boosters “hopefully in about two or three months.” By the end of this year—a delay from previous announcements—SpaceX hopes to launch in a demonstration its Falcon Heavy, “the most powerful rocket in the world by more than a factor of two.” That’s five million pounds of thrust at liftoff, or two-thirds the size of the Saturn V—the rocket that took the first astronauts to the moon.

The long view is to use the new rocket for both research (about one quarter of SpaceX launches are for NASA) and commercial ends (the rest of that share is for broadcast and communications satellites as well as research missions for other countries).

“There’s quite a backlog,” Musk said, adding that the company was working its way through a six month backlog.

It’s not just orbital exercises that captivate the SpaceX executive. Asked about his public statements on how and why humans should colonize Mars, which were echoed by Amazon CEO Jeff Bezos earlier this week, Musk elaborated.

“It’s important to ultimately be out there among the stars,” Musk said. “It’s the exciting, inspiring future that I think people want.”

Humans could be a “multi-planet species” that ultimately extend to other star systems, Musk said.

“You need things like that to be glad to wake up in the morning,” he said. “Life can’t be just about solving problems. There have to be things that are inspiring and exciting and make you glad to be alive.”

And when might that fantasy actually become reality? Sooner rather than later. Musk says SpaceX wants to be the Union Pacific of Mars—an “entrepreneurial enabler” for the planet. His company hopes to send the second version of its Dragon spacecraft to Mars in 2018, and send humans in 2024 or 2025.

But he won’t be on that flight, he said with a grin. Asked about how that aligns with his earlier remarks on the subject—in 2013, Musk told an audience at the South by Southwest festival in Austin that he’d “like to die on Mars, just not on impact”—Musk grinned.

“If you’ve got to choose a place to die, then Mars is probably not a bad choice,” he said to audience laughter. “It’s not some sort of Martian death wish or something. But, you know–be born on Earth, die on Mars—that’s pretty good.”

Well, hang on, Elon. Are you saying civilization should abandon Earth altogether? Is it really that bad?

“No, no. I think it’s great,” Musk said, stifling a smile. “Why would we abandon Earth? It’s really nice here.”

About the Author
Andrew Nusca
By Andrew NuscaEditorial Director, Brainstorm and author of Fortune Tech
Instagram iconLinkedIn iconTwitter icon

Andrew Nusca is the editorial director of Brainstorm, Fortune's innovation-obsessed community and event series. He also authors Fortune Tech, Fortune’s flagship tech newsletter.

See full bioRight Arrow Button Icon

Latest in Tech

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
Fortune Secondary Logo
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Tech

A veiled Iranian woman holds her cellphone displaying a portrait of Iran's Supreme Leader, Ayatollah Ali Khamenei,
CybersecuritySecurity
Cyber retaliation from Iran is a problem for U.S. companies — ‘It’s in the hands of a 19-year-old hacker in a Telegram room,’ ex-NSA operative says
By Amanda GerutMarch 1, 2026
2 hours ago
Two girls look at a white laptop placed on a desk.
AIEducation
American schools weren’t broken until Silicon Valley used a lie to convince them they were—now reading and math scores are plummeting
By Sasha RogelbergMarch 1, 2026
4 hours ago
Big TechSocial Media
YouTube’s cofounder and former tech boss doesn’t want his kids to watch short videos, warning short-form content ‘equates to shorter attention spans’
By Marco Quiroz-GutierrezMarch 1, 2026
8 hours ago
Slack cofounder Stewart Butterfield
SuccessProductivity
Slack cofounder says workers and CEOs can get stuck doing ‘fake’ work like pre-meetings and slide shows
By Emma BurleighMarch 1, 2026
8 hours ago
heitmann
CommentaryEntrepreneurship
Here’s how to build something that lasts, from the founder of a $300 million bootstrapped company that’s been growing for 28 years straight
By Tim HeitmannMarch 1, 2026
14 hours ago
U.S. President Donald Trump delivers the State of the Union address during a joint session of Congress in the House Chamber at the Capitol on February 24, 2026 in Washington, D.C.
EnergyData centers
Your utility bills keep going up. Here’s everyone you can blame—AI data centers included
By Jordan BlumMarch 1, 2026
16 hours ago

Most Popular

placeholder alt text
Economy
Your grandparents are the reason the U.S. isn't in a recession right now. That won't last forever
By Eleanor PringleMarch 1, 2026
14 hours ago
placeholder alt text
AI
The week the AI scare turned real and America realized maybe it isn't ready for what's coming
By Nick LichtenbergFebruary 28, 2026
2 days ago
placeholder alt text
Success
Japanese companies are paying older workers to sit by a window and do nothing—while Western CEOs demand super-AI productivity just to keep your job
By Orianna Rosa RoyleFebruary 27, 2026
2 days ago
placeholder alt text
Success
Walmart exec says U.S. workforces needs to take inspiration from China where ‘5 year-olds are learning DeepSeek’
By Preston ForeFebruary 27, 2026
3 days ago
placeholder alt text
Personal Finance
Trump's universal 401(k) architect on why lower-income people distrust retirement accounts: 'they want to know what the catch is'
By Jacqueline MunisFebruary 28, 2026
2 days ago
placeholder alt text
Middle East
Iran is now on 'death ground' amid existential threat from U.S. attacks and could 'go big' in retaliation, former NATO commander warns
By Jason MaFebruary 28, 2026
1 day ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.