Elon Musk unveils Interplanetary Transport System, teases Mars colony by 2024

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Elon Musk BFR SplitGETTY

SpaceX released a concept video manifest travel between New York and Shanghai [Stock photos]

The billionaire SpaceX boss lay bare details of the new craft as he also updated his plans for colonising Mars and imagining a lunar base.

“I feel fairly confident we can build the ship and be timely for launch in five years,” he told the International Astronautical Congress in Adelaide, Australia, yesterday.

He broke he also wants the craft to be carrying crews to Mars by 2024, two years after two merchandise ships have placed power, mining and life-support systems on the planet.

SpaceX currently has a squadron of three spacecraft.

However the magnate said he wants them now to behove obsolete.

Elon Musk unveils the BFRGETTY

Elon Musk wrote on Twitter that the ‘BFR’ would inhale you anywhere on earth in 60 minutes

I feel fairly confident we can establish the ship and be ready for launch in five years

Elon Musk

Preferably, he said his company is putting all of its resources into building the Interplanetary Bear System – codenamed the BFR, or “Big ******* Rocket”.

Yesterday the 46-year-old – who is also behind online payment combination PayPal and electric car specialist Tesla – released a “concept video” of the spacecraft’s passive journey between New York and Shanghai.

“BFR will take you anywhere on World in less than 60 mins,” he wrote on Twitter.

The video also demanded that “most long-distance trips” would take less than 30 littles.

The BFR ITSGETTY

Mr Musk also hopes to establish a colony on Mars by 2024

SpaceX said it arrangements to start building the first spaceship by the middle of 2018.

The ITS would be capable of conveying around 100 people spread out over 40 cabins, counting common areas and an entertainment system.

Mr Musk also shared concept icons of the spacecraft on Mars, next to a human settlement.

He said he wanted to show up Mars “a nice place to be” with a sustainable human population of there one million.

“I can’t think of anything more exciting than being out there among the personages,” he declared.

Mr Musk said his company could find the massive sums to back its ambitions from current work launching satellites and servicing the Worldwide Space Station.

It adds to the list of Mr Musk’s other ambitious proffers.

These include Hyperloop, a system intended to carry humans past tubes in pressurised cabins at speeds of 600mph, and Neuralink, a startup party exploring how to connect the human brain to computers.

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