Will There Ever Be a Colony on Mars?
Will There Ever Be a Colony on Mars?
Whether or not you believe in Martians or life on Mars, there is a growing movement of people here on earth that wants to pursue, at very least, space travel to the Red Planet, and in some cases an actual community of Mars-dwellers. While, living on Mars may seem like far-fetched material from sci-fi movies of the past, the number of organizations trying to get there is growing, including the Mars One project that aims to establish the first human settlement on the planet. Elon Musk, of Tesla Motors fame, is also very interested in reaching the Red Planet. His SpaceX initiative has announced plans to carry at least 100 people to Mars – with the idea of building a civilization there – then returning for even more.
Musk Believes Humans Will Inhabit Mars
To some, the idea of even going to Mars for a short visit is ridiculous, let alone sending people there to live and build a settlement or civilization. However, those who want to go are not deterred, even if their naysayers are many. In a recent interview with Y Combinator, Elon Musk was asked about Mars and the possibility of actually having a colony on the Red Planet. When asked what he thought the odds were of that happening he responded: “Well, oddly enough, I actually think they’re pretty good.” He understands the doubters and all the reasons why it might not happen or how it could go wrong, but he still believes in this initiative. “I hope I’m not in some realm of self-delusion here. But look at it this way: at this point, I’m certain there is away.”
Success Is a Possible Outcome
He said he’s also certain that success is one of the possible outcomes for establishing a self-sustaining Mars colony and a growing Mars colony. He is certain that is possible. Elon didn’t always feel that way. In fact, he said just a few years ago he wasn’t sure that success was one of the possible outcomes of this endeavor. However, he now feels that it’s not only possible, but he also thinks it could happen in the very near future. “In terms of having some meaningful number of people going to Mars, I think this is potentially something that can be accomplished in about 10 years. Maybe sooner.” He pointed out that part of the success formula includes ensuring that his company SpaceX lives on, as well himself. “I need to make sure that SpaceX doesn’t die between now and then and that I don’t die, or if I do die, that someone takes over who will continue that.”
Don’t Bet Against Musk
Even with Elon’s positive attitude and mindset, there is still much to be done, and along the way, there will be many that say it can’t be done. However, betting against the man who created Tesla Motors, SpaceX and SolarCity, and who has a hand in OpenAI, usually ends up in failure. So look out Mars, in 2026 here we come.
We hope you found this article about “Will There Ever Be a Colony on Mars?” helpful. If you have questions or need expert tax or family office advice that’s refreshingly objective (we never sell investments), please contact us or visit our Family office page or our website at www.GROCO.com. Unfortunately, we no longer give advice to other tax professionals gratis.
To receive our free newsletter, contact us here.
Subscribe to our YouTube Channel for more updates.
Alan Olsen, is the Host of the American Dreams Show and the Managing Partner of GROCO.com. GROCO is a premier family office and tax advisory firm located in the San Francisco Bay area serving clients all over the world.
Alan L. Olsen, CPA, Wikipedia Bio
GROCO.com is a proud sponsor of The American Dreams Show.
The American Dreams show was the brainchild of Alan Olsen, CPA, MBA. It was originally created to fill a specific need; often inexperienced entrepreneurs lacked basic information about raising capital and how to successfully start a business.
Alan sincerely wanted to respond to the many requests from aspiring entrepreneurs asking for the information and introductions they needed. But he had to find a way to help in which his venture capital clients and friends would not mind.
The American Dreams show became the solution, first as a radio show and now with YouTube videos as well. Always respectful of interview guest’s time, he’s able to give access to individuals information and inspiration previously inaccessible to the first-time entrepreneurs who need it most.
They can listen to venture capitalists and successful business people explain first-hand, how they got to where they are, how to start a company, how to overcome challenges, how they see the future evolving, opportunities, work-life balance and so much more..
American Dreams discusses many topics from some of the world’s most successful individuals about their secrets to life’s success. Topics from guest have included:
Creating purpose in life / Building a foundation for their life / Solving problems / Finding fulfillment through philanthropy and service / Becoming self-reliant / Enhancing effective leadership / Balancing family and work…
MyPaths.com (Also sponsored by GROCO) provides free access to content and world-class entrepreneurs, influencers and thought leaders’ personal success stories. To help you find your path in life to true, sustainable success & happiness. It’s mission statement:
In an increasingly complex and difficult world, we hope to help you find your personal path in life and build a strong foundation by learning how others found success and happiness. True and sustainable success and happiness are different for each one of us but possible, often despite significant challenges.
Our mission at MyPaths.com is to provide resources and firsthand accounts of how others found their paths in life, so you can do the same.
California Comes Out on Top of Estimated Tax Revenue
Who says California isn’t doing well financially? When it comes to taxes, it appears that the Golden State is doing just fine. California is definitely one of the worst locations to live if you want to keep your tax bill low. With the latest report from the state’s Controller, Betty Yee, it’s no wonder that…
How to Choose Your Tax Filing Status if You’re Married
If you’re married then you’ve probably just always filed a joint return with your spouse. In fact, chances are you’ve never even considered filing any other way. However, for some people, married filing jointly is not the best option. Depending on your situation, it could be more advantageous to file separately. Here are some things…
IRS Has Handed Out More Than $100 Billion in Refunds so far
As with every tax season there have been some mistakes that have caused problems for some taxpayers, as well as the usual battle with tax scams that pop up every year. However for the most part, the refund process has gone well to this point. In fact, at the end of February, the IRS reported…
There Is a Bright Side for Early Filers Victimized by Obamacare Gaffe
There’s been no shortage of complaints and problems with Obamacare since the nations new health care coverage law went into effect. In fact, the debate continues to rage on and another major decision from the U.S. Supreme Court is forthcoming in the months ahead. However, for the time being, Obamacare has been a problem for…