Crypto Stocks Are Heating Up

At the center of this transformation is a game-changing platform that's experiencing explosive growth with $41 million in revenue in just nine months. The stock has doubled in the last 45 days, but this is only the beginning.

Elon Musk Predicts Sending Starship To Mars In 2 Years, But Warns Regulatory Hurdles Could Delay Liftoff: 'It Takes Longer To Get The Permit To Launch Than To Build A Giant Rocket'

Pooja Rajkumari
October 30, 2024

Elon Musk outlined a bold timeline for sending SpaceX‘s Starship to Mars, targeting a mission within the next two years. However, he emphasized that regulatory challenges could delay these plans.

What Happened: During an interview with Peter Diamandis at the Future Investment Initiative Conference in Saudi Arabia, Musk detailed SpaceX’s ambitious plans to launch its Starship to Mars within two years. During the interview, he highlighted the engineering success of the Starship, which was developed without artificial intelligence.

Musk explained that the next Mars launch window is approximately 26 to 27 months away, aligning with their timeline for uncrewed Starship missions to the Red Planet. If these missions succeed without issues, human missions could follow two years later. Musk expressed confidence in achieving a Mars landing before the decade’s end.

See Also: Elon Musk Fires Back After Biden Alleges Tesla CEO Violated Student Visa Norms, Says He Was Allowed To Work

However, he pointed out that regulatory challenges are a significant hurdle. Musk criticized the growing bureaucracy in the U.S., particularly under the current administration.

“I feel more optimistic about it under with a Trump White House than a non-Trump white house because the biggest impediment in progress that we’re experiencing is overregulation,” he said.

“It takes longer to get the permit to launch than to build a giant rocket. A lot of countries are getting slow strangulation from overregulation. Unless something is done to push back on that, it’ll eventually become illegal to do almost any large project and we won’t be able to get to Mars.”

Why It Matters: Musk’s ambitious timeline for Mars colonization is not new. In a recent announcement, he set a target for human colonization of Mars by 2030. However, experts have expressed skepticism about the feasibility of this plan. Musk’s strategy involves launching around five uncrewed Starship rockets to Mars in 2026, with the first crewed missions potentially taking off two to four years later. This isn’t the first time Musk has set ambitious goals for Mars colonization. In 2016, he predicted that manned missions to Mars could commence as early as 2022.

Read Next:

  • Elon Musk Channels Warren Buffett As Tesla’s Stock Booms After Strong Q3: ‘Having A Publicly Traded Company Is Like…’

Disclaimer: This content was partially produced with the help of Benzinga Neuro and was reviewed and published by Benzinga editors.

Image: Created with artificial intelligence on MidJourney and Official SpaceX Photos on Flickr

Continue Reading...

Popular

Stocks Slip On Hot Inflation Data, Adobe Tumbles, Natural Gas Hits 1-Year High: What's Driving Markets Thursday?

Risk sentiment soured on Thursday following hotter-than-expected producer inflation data, which dampened optimism for aggressive interest rate cuts in 2025.

Warner Bros. Discovery Stock Spikes As Board OKs Restructuring Plan

Warner Bros. Discovery, Inc (WBD) stock climbed after the Board approved new corporate structure to enhance strategic flexibility. Stock surged 33% in last 30 days.

Gates-Backed Company Holds the Future of AI - Ad

Bill Gates is making his next big bet. And this time, it's with artificial intelligence. Over the last several years, Gates has quietly invested more than $750 million into this technology. And he's not the only one. Warren Buffett, Peter Thiel, Jeff Bezos, and others are in on it too. In this new exposé, Porter Stansberry shares all the details.

Companies tighten security after a health care CEO's killing leads to a surge of threats

“Wanted” posters with the names and faces of health care executives have been popping up on the streets of New York. Hit lists with images of bullets are circulating online with warnings that industry leaders should be afraid.

Louise Trotter is named creative director of Bottega Veneta, as Matthieu Blazy moves on

MILAN (AP) — Kering announced Thursday that Louise Trotter has been named creative director of the fashion house, taking over from Matthieu Blazy.

AI Has Already Minted 500,000 New Millionaires in 2 Years... - Ad

If you missed out on the riches from AI the past 12 months, listen up: A brand new AI "wealth wave" is already hitting the markets... and could pay out even more than what we've already seen. There's still time to get into AI as an investor in this "Bot Com Revolution" and avoid getting left behind.

What do we know about the mysterious drones reported flying over New Jersey?

A large number of have been reported flying over parts of New Jersey in recent weeks, sparking speculation and concern over who sent them and why.

Suspect in UnitedHealthcare CEO killing charged with murder in New York, court records show

ALTOONA, Pa. (AP) — After on a New York sidewalk, police searched for the masked gunman with dogs, drones and scuba divers. Officers used the city's . Investigators analyzed DNA samples, fingerprints and internet addresses. Police went door-to-door looking for witnesses.

Do Not Read This If You're an Elon Musk Hater - Ad

Elon Musk believes his new AI product will be worth an incredible $9 trillion. But the mainstream media is not buying it. Fortune called it "all smoke and mirrors" The Economist said that Elon's promises are "long on bombast and short on reality." And MarketWatch called it "a pipe dream."

Truck drivers in Mexico block major highways to protest the government's failure to pay bills

MEXICO CITY (AP) — Truck drivers blocked some major highways in central Mexico on Tuesday to protest that the government hasn’t paid them for work they did on a tourist train line.

Crypto Stocks Surge Amid Market Boom - Ad

Crypto stocks are on fire as Bitcoin hits all-time highs. One under-the-radar company is leading the charge, managing $2.1 billion in client assets and seeing record trading volumes. With crypto adoption skyrocketing, this could be a game-changing opportunity.

China bans exports to US of gallium, germanium, antimony in response to chip sanctions

BANGKOK (AP) — China announced Tuesday it is banning exports to the United States of gallium, germanium, antimony and other key high-tech materials with potential military applications.

At the crossroads of news and opinion, 'Morning Joe' hosts grapple with aftermath of Trump meeting

One of the striking things about how furiously many people reacted to the news last week that MSNBC “Morning Joe” hosts Joe Scarborough and Mika Brzezinski was how quaint their defenders sounded.

Why Is This Bull Run Scaring JP Morgan, Goldman Sachs, and Warren Buffett? - Ad

Billionaires Warren Buffett, Stanley Druckenmiller, and David Tepper have all sold off massive U.S. stock positions. Billionaire Ray Dalio, who runs one of the world's most successful hedge funds, says, "Things are going to get worse for our economy." What are these billionaires so worried about?

Days after gunman killed UnitedHealthcare's CEO, police push to ID him and FBI offers reward

NEW YORK (AP) — The gunman who the CEO of the largest U.S. health insurer likely left New York City on a bus soon after the brazen ambush that has shaken corporate America, police officials said. But he left something behind: a backpack that was discovered in Central Park.

There's Only ONE AI Company That Matters - Ad

It's not Nvidia, AMD, IBM, or any new startup. It's not even an artificial intelligence company... yet it holds the key to the entire AI market. Get all the details of the critical technology that the entire AI sector needs to survive.

Hunt for the gunman who killed UnitedHealthcare's CEO heads into third day as new clues emerge

NEW YORK (AP) — As the investigation into a masked gunman who the head of one of the largest U.S. health insurers moved into its third day Friday, possible leads emerged about his travel before the shooting and a message scrawled on ammunition found at the crime scene.

Donald Trump Can't Save You From This Crisis - Ad

A huge economic crisis is about to strike America. 12 months from today, our country could be unrecognizable. That's why I've recorded this video and released it for free. Inside, I lay out exactly what's happening and several critical moves I believe every American should make right now.

Cathie Wood Sees $400B Opportunity In Biologics — How Have Her Bets Fared?

Cathie Wood, CEO of ARK Invest, is doubling down on biologics, seeing unprecedented potential at the intersection of artificial intelligence, genetic sequencing, and gene editing technologies.

44 years after New York couple vanished, car matching description of theirs is found in Georgia

BRUNSWICK, Georgia (AP) — A car similar to one driven by a wealthy New York couple missing for more than four decades has been found in a south Georgia pond near the hotel where they were last seen, police in Georgia said.

Has the Tech Stock Selloff Finally Arrived? - Ad

After soaring over 150% in 2024 alone... is it actually time to buy Nvidia? A 50-year Wall Street veteran gives his answer to Nvidia, right here...Including the name and ticker of one under-the-radar AI stock to buy instead of Nvidia... before Tuesday, December 3rd.

Trump's Energy Policies Poised To Reshape Oil & Gas Market: Winners And Losers Revealed

Trump's energy plans could reshape US markets with potential tariffs, increased production, and LNG exports. Goldman Sachs breaks down winners and losers.

Tesla Cybertruck Crash In California Claims 3 Lives, Leaves 1 Seriously Injured

In a tragic incident early Wednesday, a Tesla Cybertruck crashed in Piedmont, California, resulting in three fatalities and one serious injury.

Elon's New Tech Could Be Bigger Than Tesla & SpaceX... Combined - Ad

Forget rockets or brain implants... Elon's new AI product could be his biggest invention yet. Jeff Brown tried it himself recently and caught his experience on camera. See this footage because according to Tesla Magazine, this new product "could well shape the technological and economic future of our society."

Top 3 Energy Stocks That Could Blast Off In December

When compared to a stock’s price action, it can give traders a better sense of how a stock may perform in the short term.

French government faces no-confidence vote over Barnier's austerity budget

PARIS (AP) — is bracing for a no-confidence vote this week, a political reckoning almost certain to topple his fragile government and send shockwaves across the eurozone.

Exposed: 3 Cent Crypto to Explode December 16th? - Ad

Chris Rowe, the man who spotted 44 different coins that have returned over 100%, is now making the biggest crypto call of his ENTIRE career.... Because a powerful crypto event will trigger on December 16th... Sending hundreds of tiny cryptos soaring 5X, 50X, even 100X -- in just days.

Oil delivery to the Czech Republic from Russia through the Druhzba pipeline is interrupted

PRAGUE (AP) — Oil delivery to the Czech Republic from Russia through the Druhzba pipeline has been interrupted, Czech officials said Wednesday.

Newmont Lays Off Senior Employees Pursuing More Cost Controls

Newmont Corp. lays off senior employees, sells assets, and streamlines business units in order to increase cash flow and focus on top-tier operations.

Caught On Camera (Shocking New AI Tech) - Ad

AI has already made 500,000 new millionaires over the past two years... The new AI tech you'll see in this video footage will change your life for the better, sooner than you might expect. It will have a bigger impact than the invention of the automobile, personal computer and iPhone, combined...

Aurora's Self-Driving Trucks Poised for Growth, Analyst Forecasts Considerable Upside

Aurora is rated Overweight by Cantor Fitzgerald with a $10 price target. They are developing self-driving trucking technology with a clear path to commercialization and favorable regulation.

What's Going On in This Strange Facility Near Mar-A-Lago? - Ad

Most people have no clue this unassuming facility exists. Yet the minute Donald Trump takes office... This could be the most important building in America. More important than the Capital, the Pentagon... even the White House. Because this may well be the epicenter of Trump's New Manhattan Project.

UPS to pay $45M to US settle charges that it improperly valued its freight division

UPS will pay $45 million to settle charges that it improperly valued its freight division, the Securities and Exchange Commission announced Friday.

Google's Willow Quantum Computing Chip Sparks Stellar Conversation Between Elon Musk And Sundar Pichai: 'Most Obvious Path Is Staring At Our Eyes'

Google CEO Sundar Pichai and Elon Musk discussed ambitious technological possibilities, from leveraging quantum computing advancements like Google's Willow chip to envisioning solar-powered quantum clusters in space, highlighting their shared focus on transformative innovation.

Watch Jeff's New Demo: Elon Musk's New $9 Trillion AI Product - Ad

Why is Jeff Brown blindfolded and with his hands tied behind his back? It's all part of a crazy experiment involving a Cybertruck. See this demo because if Jeff is right... Elon Musk could make a lot of people rich with his new AI technology.

Soros' Open Society Foundations say they remain focused on human rights

NEW YORK (AP) — Despite years of internal turmoil and changes, wants those in the human rights sector to know their movements will still receive support from the organization, its president Binaifer Nowrojee said Tuesday.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright finstrategist.com
Privacy Policy | Terms of Service