SpaceX CEO Elon Musk is once again criticizing the proposed billionaire tax, which could cost him up to $50 billion if passed. He claims that the tax is put toward his goal of reaching Mars using rockets built by his firm, SpaceX.<\/p>\n
The billionaire, who also happens to be the world's richest person, has other plans for his vast fortune - he wants to make humanity interplanetary.<\/p>\n
\"My plan is to use the money to get humanity to Mars and preserve the light of consciousness,\"he tweetedtoday.<\/p>\n
The New York Timesreported on Tuesday that Senate Democrats propose to tax billionaires on unrealized increases in value for liquid assets like stocks as part of a $1.5 trillion spending proposal.<\/p>\n
This is why Musk is denouncing a proposed billionaire tax in the United States Congress, which, if passed, would require him to pay $50 billion in government dues. Business Insiderexplained that Musk might be spending his $50 billion on SpaceX rockets and technology that will carry people to Mars.<\/p>\n
But Elon Musk, as Fortunepoints out, has frequently relied on government subsidies to build his firms, including a $465 million loan from the US Energy Department in 2010.<\/p>\n
In addition, NASA awarded SpaceX a $2.9 billion contract to create a lunar lander as part of the Human Landing System program.<\/p>\n
SpaceX CEO has long believed that the best thing mankind can do is create outposts on other planets, particularly Mars.<\/p>\n
(Photo : Getty Images)US entrepreneur and business magnate Elon Musk gestures during a visit at the Tesla Gigafactory plant under construction, on August 13, 2021 in Gruenheide near Berlin, eastern Germany. (Photo by Patrick Pleul \/ POOL \/ AFP) (Photo by PATRICK PLEUL\/POOL\/AFP via Getty Images)<\/p>\n
ALSO READ: NASA Delays SpaceX Crew-3 Mission to November 3 Due to Weather Conditions <\/p>\n
@twiiter|https:\/\/twitter.com\/elonmusk\/status\/1453852886933377028?@<\/p>\n
In a tweet, SpaceX shared their \"Gateway to Mars\" in a 90-second video that showed the Starship being wheeled to the launch pad, lifting off, doing intricate flips, and landing safely on the ground.<\/p>\n
Musk also shared an incredible photo of the Starship and Super Heavy at the company's Starbase in Boca Chica, Texas, with a full moon behind them. In the tweet, he said, \"Starbase under development.\"<\/p>\n
Musk plans to create an Interplanetary Transport System (ITS) for regular flights to Mars using SpaceX's 120-meter Starship spacecraft atop a Super Heavy rocket as part of his space tourism objective. The spaceship would be capable of transporting 100 people from Earth to Mars and back.<\/p>\n
For those Mars voyages, he plans to launch 1,000 or more ITS spacecraft, each with a capacity of 100 passengers. According to Space.com, Musk is planning an architecture that will deliver one million people to Mars over the next century, producing a thriving colony.<\/p>\n
Musk predicts a cost of $100,000 to $200,000, which he claims is less expensive than the predicted $10 billion costs of traditional spaceflight technologies. He also calculated that constructing a metropolis on Mars would cost $10 trillion.<\/p>\n
SpaceX plans to fly its first orbital Starship test mission in the coming month, ahead of a 2024 Moon landing with the first woman and person of color under NASA's Artemis program.<\/p>\n
RELATED ARTICLE: Honda Makes Engine For Reusable Rocket Prototype; Are They Joining Space Race?<\/p>\n
Check out more news and information on SpaceX in Science Times.<\/p>\n
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SpaceX CEO Elon Musk Wants to Spend $50 Billion To Bring Humanity to Mars - Science Times<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" SpaceX CEO Elon Musk is once again criticizing the proposed billionaire tax, which could cost him up to $50 billion if passed. Continue reading