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Elon Musk, age 47, told "Axios on HBO" that he sees a 70% chance that he'll live to ride one of his SpaceX rockets to Mars. "I know exactly what to do," he said. "I’m talking about moving there."

The big picture: That prediction is dismissed as fantasy by some experts. But Musk said he can envision a flight as soon as seven years from now, with a ticket price of "around a couple hundred thousand dollars."

What he's saying: Musk shrugged off the objection that a Mars voyage could be an escape hatch for the rich for problems on this planet.

  • "Your probability of dying on Mars is much higher than earth."
  • "Really the ad for going to Mars would be like [Sir Ernest] Shackleton’s [supposed] ad for going to the Antarctic" in the early 20th century, he said.
  • "It’s gonna be hard. There’s a good chance of death, going in a little can through deep space."

Between the lines: Even if you land successfully, Musk added, "you'll be working nonstop to build the base."

  • "So, you know, not much time for leisure. And even after doing all this, it's a very harsh environment. So ... there’s a good chance you die there."
  • "We think you can come back but we're not sure. Now, does that sound like an escape hatch for rich people?"

The bottom line: Musk said he'd unhesitatingly go.

  • "There’s lots of people who climb mountains. People die on Mount Everest all the time. They like doing it for the challenge."

Go deeper:

Go deeper

24 mins ago - World

Netanyahu campaigns against Biden's plan to save Iran deal

Netanyahu campaigns at a gym last month. Photo: Pool/AFP via Getty

Israeli Prime Minister Benjamin Netanyahu indirectly criticized the Biden administration for its intention to return to the Iran nuclear deal and told his supporters he was prepared to "stand against the entire world" to stop it.

Why it matters: This is a major change of tune for Netanyahu, who had been careful in his statements on the Iran deal and avoided publicly criticizing President Biden. The statement was part of Netanyahu's attempt to rally his base ahead of Israel's election on March 23.

Updated 47 mins ago - Politics & Policy

Coronavirus dashboard

Illustration: Aïda Amer/Axios

  1. Tech: "Fludemic" model accurately maps COVID hotspotsVirtual doctor's visits and digital health tools take off.
  2. Politics: Schumer says Senate will stay through weekend to vote on COVID relief — Republican governor of West Virginia says there's no plan to lift mask mandate.
  3. World: Canada vaccine panel recommends 4 months between doses.
  4. Business: Firms develop new ways to inoculate the public.
  5. Local: Ultra-rich Florida community got vaccinations in January.
Dan Primack, author of Pro Rata
1 hour ago - Economy & Business

Why fears of a SPAC bubble may be overblown

Illustration: Annelise Capossela/Axios

The SPAC surge continues unabated, with 10 new ones formed since Wednesday morning. And that's OK.

Between the lines: There are growing concerns that retail investors are about to get rolled, with smart sponsors taking advantage of dumb money.