Elon Musk’s wants to send a million people to Mars as part of the future of SpaceX
- by Independent
- Jun 04, 2026
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Thursday 04 June 2026 06:59 EDT
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Elon Muskâs SpaceX has put its mission to colonise Mars at the centre of its record-setting plans to go public, aiming to establish a self-sustaining colony of âat least one million inhabitantsâ on the Red Planet.
In an unusual opening statement for its updated initial public offering (IPO) filing, which was shared on Wednesday, SpaceX said its mission is âto build the systems and technologies necessary to make life multiplanetaryâ.
The IPO filing includes a suggested share price of $135 (£100), which would make it the largest public sale in history.
The filing values the private space firm at around $1.75 trillion, with the IPO set to make Musk the worldâs first trillionaire. Trading on the Nasdaq stock index is expected to begin on 12 June.
Musk will achieve trillionaire status depending on SpaceXâs achievement of certain milestones, according to the filing, which includes the âestablishment of a permanent human colony on Mars with at least one million inhabitantsâ.
The filing stated: âBy moving beyond the only home we have ever known, we ensure species-level redundancy and that the light of consciousness will not be tied to a single planet subject to the inevitable hazards of a harsh and vast universe.
âWe do not want humans to have the same fate as dinosaurs... We believe the next paradigm shift for humanity is the creation of a resilient, perpetually expanding spacefaring civilisation that drives continuous innovation across new frontiers.â
Key to achieving this goal will be the viability of SpaceXâs Starship rocket, which is yet to be proven as a reliable launch vehicle.
Starship is the biggest and most powerful rocket ever built, and is being developed to ferry crew and cargo throughout the Solar System.
SpaceX has already secured a multi-billion dollar contract with Nasa to use Starship for its Artemis program, which is aiming to return humans to the Moonâs surface by 2028.
This date, which has already been pushed back from an original target of 2024, could face further delays following recent setbacks with Starship testing.
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