SpaceX: Rocket for moon, Mars and NY-to-Shanghai in 39 mins

The Russian space agency Roscosmos and Nasa Wednesday signed a cooperation agreement to work on the station building the systems needed to organise scientific missions in lunar orbit and to the surface of the Moon

"If we are building this thing to go to the Moon and Mars, then why not go to other places on Earth as well". Musk said. "So we looked at that, and the results are quite interesting".

Musk - who is also the man behind Tesla electric cars - told the conference he plans to make fuel on Mars so he can land rockets there and fly them back to Earth. Then the city-building begins.

On Friday, Musk said a smaller vehicle still could get people to Mars, while also being useful for missions in Earth orbit. Musk is founder of Space Exploration Technologies, better known as SpaceX, a California-based space transport and aerospace manufacturer.

Aerospace giant Boeing has also said it wants the first person to set foot on Mars to get there on one of its rockets.

The new rocket, codenamed "BFR" ('Big F***ing Rocket'), will be used for "a cargo mission" to Mars in 2022, says The New York Times, with passenger flights expected two years after that.

He envisions the rockets enabling SpaceX to eventually establish a lunar base, which he dubbed "Moon Base Alpha".

A video illustrating the idea showed passengers taking a large boat from a dock in New York City to reach the floating launchpad. In a demo video, people took a ferry from NY to the BFR, which then shot into a low orbit to reach Shanghai.

The team aims to have the BFR built and ready for launch within five years, setting itself a 2022 target.

Daily Star Pictures brings you the most mysterious images of unusual objects spotted on the Moon and on Mars.

He added that by developing one ship - the BFR - which can go to Mars as well as take people around the world, it would make the project affordable for the company and the customers.

"We believe we can build BFR with the revenue we receive from launching satellites and servicing the space station".

Unlike the Mars missions, Musk didn't offer any indication of when these super-fast journeys could become a reality.

It has always been his ambition to put people on Mars as he believes it will help save humanity from a dying planet.

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