Elon Musk says he wants to use his billions to get humanity to Mars

Elon Musk has said that he plans to use his billions on getting humanity to Mars to 'preserve the light of consciousness'.

@JakConnorTT
Published Fri, Oct 29 2021 5:03 AM CDT   |   Updated Wed, Nov 24 2021 11:14 PM CST

SpaceX CEO Elon Musk has said that he plans on using his wealth on getting humanity to Mars after criticizing a plan to tax billionaires.

The statements from Musk come after Senate Democrats are moving to propose a new tax increase that directly targets the top wealthiest individuals in the United States. In response to an article from the Washington Post that discusses the moves being made by lawmakers, Elon Musk criticized the idea saying, "According to their own estimates, this tax only covers ~10% of the $3.5 trillion spending bill. Where will the other 90% come from? The answer is you."

Additionally, the SpaceX CEO followed up by saying the "US national debt is ~$28,900 billion or ~$229k per taxpayer. Even taxing all "billionaires" at 100% would only make a small dent in that number, so obviously the rest must come from the general public. This is basic math. Spending is the real problem." Adding, "US Federal Debt/GDP was 56% in 2000, now it is 126% & climbing fast." Musk didn't stop there, the SpaceX CEO doubled down on stance, saying that his "plan is to use the money to get humanity to Mars and preserve the light of consciousness."

These statements from Musk are hardly surprising, as the entrepreneur has had the goal of Mars in mind since SpaceX was conceived. There have also been many times that Musk has thrown his own money into SpaceX even when it seemed like the business was about to become bankrupt.

Elon Musk says he wants to use his billions to get humanity to Mars 01 | TweakTown.com
NEWS SOURCE:twitter.com

Jak joined the TweakTown team in 2017 and has since reviewed 100s of new tech products and kept us informed daily on the latest science and space news. Jak's love for science, space, and technology, and, more specifically, PC gaming, began at 10 years old. It was the day his dad showed him how to play Age of Empires on an old Compaq PC. Ever since that day, Jak fell in love with games and the progression of the technology industry in all its forms. Instead of typical FPS, Jak holds a very special spot in his heart for RTS games.

Newsletter Subscription

Related Tags

Newsletter Subscription
Latest News
View More News
Latest Reviews
View More Reviews
Latest Articles
View More Articles