Musk dreams of colonizing Mars

September 14, 2014 4:37 PM

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Private space firm SpaceX, which is owned by billionaire businessman Elon Musk, is competing with Boeing to win more than $3-billion in funding for the first commercial venture to fly humans into orbit.

Sierra Nevada is also an outsider in the race. The contract to ferry astronauts to the International Space Station by 2017 in space taxis would help the US to part ways with Russia on this mission. At present, the US is dependent on Russia to send its astronauts to the ISS.

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