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Musk stated in June 2016 that the first unmanned flight of the larger Mars Colonial Transporter (MCT) spacecraft is aimed for departure to the red planet in 2022, to be followed by the first manned MCT Mars flight departing in 2024.

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Humankind evolved over millions of years, but in the last sixty years atomic weaponry created the potential to extinguish ourselves.

Sooner or later, we must expand life beyond this green and blue ball—or go extinct.

In 1995, at age 24, Musk moved to California to begin a Ph D in applied physics and materials science at Stanford University, but left the program after two days to pursue his entrepreneurial aspirations in the areas of the internet, renewable energy and outer space. The merged company focused on the Pay Pal service and was renamed Pay Pal in 2001.

Pay Pal's early growth was driven mainly by a viral marketing campaign where new customers were recruited when they received money through the service.

Musk calculated that the raw materials for building a rocket actually were only 3 percent of the sales price of a rocket at the time.

It was concluded that theoretically, by applying vertical integration and the modular approach from software engineering, Space X could cut launch price by a factor of ten and still enjoy a 70-percent gross margin.The company's first two launch vehicles are the Falcon 1 and Falcon 9 rockets (a nod to Star Wars' Millennium Falcon), and its first spacecraft is the Dragon (a nod to Puff the Magic Dragon).In seven years, Space X designed the family of Falcon launch vehicles and the Dragon multipurpose spacecraft.In September 2008, Space X's Falcon 1 rocket became the first privately funded liquid-fueled vehicle to put a satellite into Earth orbit.In 2006, Space X was awarded a contract from NASA to continue the development and test of the Space X Falcon 9 launch vehicle and Dragon spacecraft in order to transport cargo to the International Space Station, NASA Commercial Resupply Services program contract on December 23, 2008, for 12 flights of its Falcon 9 rocket and Dragon spacecraft to the Space Station, replacing the US Space Shuttle after it retired in 2011.His childhood reading included Isaac Asimov's Foundation series from which he drew the lesson that "you should try to take the set of actions that are likely to prolong civilization, minimize the probability of a dark age and reduce the length of a dark age if there is one." Musk was initially educated at private schools, attending the English-speaking Waterkloof House Preparatory School.

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