In perhaps the most eagerly anticipated aerospace announcement of the year, SpaceX founder Elon Musk has revealed his grand plan for establishing a human settlement on Mars.


In short, Musk thinks it’s possible to begin shuttling thousands of people between Earth and our smaller, redder neighbor sometime within the next decade or so. And not too long after that—perhaps 40 or a hundred years later, Mars could be home to a self-sustaining colony of a million people.


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