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Boeing CEO Vows to Beat Musk to Mars

  • Muilenburg sees space tourism taking root in next 20 years
  • Company exploring supersonic, hypersonic jets to circle earth
Bloomberg business news

Elon Musk Reveals Plan for a City on Mars

Boeing Co. once helped the U.S. beat the Soviet Union in the race to the moon. Now the company intends to go toe-to-toe with newcomers such as billionaire Elon Musk in the next era of space exploration and commerce.

Boeing Chief Executive Officer Dennis Muilenburg sketched out a Jetsons-like future at a conference Tuesday, envisioning a commercial space-travel market with dozens of destinations orbiting the Earth and hypersonic aircraft shuttling travelers between continents in two hours or less. And Boeing intends to be a key player in the initial push to send humans to Mars, maybe even beating Musk to his long-time goal.