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Musk sells all of his assets to finance a colony on Mars



Musk sells all of his assets to finance a colony on Mars


The Tesla and SpaceX CEO Elon Muskcrowned in recent days as the richest person in the world, he already plans to spend his net worth of approximately $ 188 billion. The visionary multimillion-dollar businessman plans to invest as much money as possible in the colonization of Mars and it is selling most of its tangible assets for this very purpose.

“I will have almost no assets with a monetary value, other than company shares,” explained Elon Musk. “If there is a lot of work to do, I like to sleep in the factory or office. And of course I need a place if my kids are there. So I’m going to rent a house or something. “

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In May of last year, Musk announced that he wanted to sell “almost all” of his possessions and that “I will not have a home”. Since then, the businessman has sold several homes in his real estate portfolio, which was worth more than $ 100 million. In 2020, Musk sold several high-value properties, including three neighboring homes in the Bel-Air neighborhood of Los Angeles, and a property that once belonged to actor Gene Wilder.

Money invested on Mars

Elon Musk said the main reason he is accumulating wealth is not to have even more material possessions, but to finance a colony on Mars. “I think it is important for humanity to become a space civilization and a multiplanetary species. And it will take a lot of resources to build a city on Mars, ”Musk said. “I want to be able to contribute as much as possible to the construction of a colony on Mars. This means a lot of capital “.

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In Musk’s eyes, the separation of his material possessions also indicates that he is committed to go to Mars. “I’m also trying to make it clear that I’m serious on this point. And it’s not about personal consumption, ”Musk said. “Because people will attack me and say, ‘Oh, he has all these assets. He has all these houses. Ok, now I don’t have it “.

In 2018, Elon Musk had already stated that he wanted to go to Mars and that there was a 70% chance of doing so. SpaceX founder plans to send a million people to Mars by 2050 and build a fleet of 1,000 spacecraft to transport them to the red planet. Musk plans to launch three of the rockets SpaceX has been developing for deep space travel for some time.

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Musk also said he wants “loans available to those with no money” and jobs on the red planet so that the settlers can pay off their debts. Some critics say Musk’s plans look like one interplanetary form of contracted servitude.

Photo by SpaceX on Unsplash