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Billionaire Elon Musk outlines plans for humans to colonize Mars

SpaceX CEO Elon Musk unveils his plans to colonize Mars during the International Astronautical Congress in Guadalajara, Mexico, September 27, 2016. REUTERS/Stringer

SpaceX is developing a massive rocket and capsule to transport large numbers of people and cargo to Mars with the ultimate goal of colonizing the planet, company chief and tech billionaire Elon Musk said on Tuesday.

Musk outlined his plans for the Mars rocket, capable of carrying 100 passengers plus cargo per voyage, even as SpaceX is still investigating why a different rocket carrying a $200 million Israeli satellite blew up on a launch pad in Florida earlier this month.

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