The UAE has a plan to colonize Mars in the next 100 years, and the oil money to finance it

The UAE has a plan to colonize Mars in the next 100 years, and the oil money to finance it

When Elon Musk went before an international space conference in Mexico and announced his vision of a Mars transportation system built by his company SpaceX, attendees were enthralled by the technology—and despairing of the price tag, which at a bare minimum of $10 billion seemed out of reach for the private sector and the United States’ cash-strapped space agency.

But more than one space enthusiast eyed the elaborately decorated exhibit booth of the United Arab Emirates space agency, founded in 2014, wondering whether it—and the UAE’s $500 billion sovereign wealth fund, swollen with petrodollars—could be the financiers needed for a Mars colony.

Continue reading The UAE has a plan to colonize Mars in the next 100 years, and the oil money to finance it at Alien UFO Sightings.

Related Articles

Read More

Leave a Reply