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Elon Musk's Ideas for the Future

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Table of contents

  1. Hyperloop
  2. Colonizing Mars
  3. Internet Satellites
  4. Affordable Space Travel

Elon Musk’s Ideas for the Future Elon Musk has blown up in popularity this year for being the owner of the companies SpaceX, Tesla, Paypal, and many other famous companies. His main goal is to revolutionize transportation on Earth and even in space! With a net worth of 22 billion dollars, he is very important today. His approach to the 21st century is to go straight for what he wants, even if it seems impossible. The way Elon thinks of things is what seems impossible is a possibility to him which is where he thinks of these ideas.


The Hyperloop is perhaps one of the most futuristic of his ideas. The goal for the Hyperloop is to be able to travel at extremely high speeds in a tunnel to get to somewhere like San Francisco from Los Angeles in 30 minutes. The Hyperloop is supposed to top out at about 700 mph. It has completed a successful test already but designs are still in the making for it. Something going this fast on the ground can be revolutionary for transportation, and the cost is going to be low too.

Colonizing Mars

Colonizing Mars has to be the most ambitious thing Elon Musk wants to do. His first stage of executing this plan was to make a greenhouse on the planet. According to Musk, lush foliage would “Reignite the thirst for space travel and restore funding to major institutions like NASA. Musk knows that the problem with executing this plan would be the cost of transport, but this problem is also getting resolved by him. He expects his company, SpaceX, to be able to commence the colonization plants sometime in the 2030s and have a colony on Mars set up by 2040. states that “If we have a linear improvement in technology, as opposed to logarithmic, then we should have a significant base on Mars, perhaps with thousands or tens of thousands of people”. The first batch of people that are going to travel will need to pay their own way to Mars at a pricey cost of $500,000, but 2030 isn’t for another 11 years.

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Internet Satellites

Elon Musk wants low-cost and unfettered internet access for all people to have. He means to do this by launching satellites into space. SpaceX is in the early creation stages of producing over 700 micro-satellites that can work together and make formations by grouping together. Each satellite will weigh 250 pounds, but the price totals out at 1 billion dollars each, so it might take a while. Reportedly, Musk is working with other companies to get this big project done.

Affordable Space Travel

SpaceX was to become a private space transport company. One of their overall goals was to dramatically decrease the price of space travel by a factor of 100. From this, it could kickstart possibilities of citizens being able to travel through space. In 2008, SpaceX was the first company to have a privately funded, liquid fuelled craft to orbit Earth. Also in 2010, they were the first to recover a launched spacecraft. Finally, SpaceX also launched cargo and docked it to the I.S.S. All of these, were on the lower end of prices for space travel which is why SpaceX was nominated to send human cargo to the I.S.S.

This may only be the start for Elon and all of his companies. Expect much more of these ideas to come up from him in the future.

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Elon Musk’s Ideas for the Future. (2022, Jun 29). Edubirdie. Retrieved December 4, 2023, from
“Elon Musk’s Ideas for the Future.” Edubirdie, 29 Jun. 2022,
Elon Musk’s Ideas for the Future. [online]. Available at: <> [Accessed 4 Dec. 2023].
Elon Musk’s Ideas for the Future [Internet]. Edubirdie. 2022 Jun 29 [cited 2023 Dec 4]. Available from:
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