Newsweek: The Super Rich are Escaping To Mars

Newsweek is reporting that the richest of the rich here on Earth are planning to leave the planet altogether, and they’re heading to Mars to start their own communities.

All this might sound crazy—except it’s not. Last month, Blue Origin advanced the technology of space flight by another important notch. The secretive company launched a rocket 62 miles into space and then landed it upright, like you might see in a sci-fi movie, just a few feet from the rocket’s launchpad. It’s a step toward making reusable rockets, and reusable rockets are absolutely essential to getting the cost of a Mars flight low enough to expand the target market beyond the Forbes 400.

For comparison’s sake, NASA space shuttle missions cost about $200 million per astronaut, and those flights went only into orbit. Compared with going to Mars, orbit is like putting a toe in the Atlantic versus sailing from Europe to the New World. And the shuttle, by the way, was not a reusable rocket—it was a reusable passenger compartment. No one had previously made a reusable rocket, which is a big reason space cost so much. The economics were as bad as if you had to buy a new engine for every car trip.

Blue Origin is now ginning up a real space race with SpaceX, which will help drive innovation and lower costs. Musk got a head start and has guided SpaceX into the business of launching satellites as a way to practice for human space travel. Bezos opened Blue Origin—a little side project when he’s not running Amazon.com—specifically to carry people to other planets, and it got its first rocket off the ground in April.

Also in the mix are Richard Branson with his Virgin Galactic and Microsoft co-founder Paul Allen, who funded the nerdily named Stratolaunch Systems. Space is turning into a billionaire-athon. If Donald Trump doesn’t become president, you just know there has to be a Trump Spaceship in his future.
Of course, launching a few rockets and saying you’re going to Mars is like writing a haiku and saying you’re going to become the next John Updike. But these guys are serious. “Our ultimate vision is millions of people living and working in space,” Bezos told reporters after the Blue Origin landing. Musk makes even grander statements. “We need to be laser-focused on becoming a multi-planet civilization,” he’s said. “That’s the next step.”

This may backfire if the goal is to flaunt wealth and frivolity. Whereas the amount of money to travel to Mars will no doubt make the planet a possibility only for the world’s billionaires, at least one person is going to find out that their billions of dollars still mean they’re going to be the poorest person on the entire planet. I can’t imagine that’ll be a good feeling for those so used to their wealth and superiority here on Earth.

Source: Newsweek