theverge Tech

On Friday, SpaceX CEO Elon Musk laid out his vision for SpaceX’s future: the company is going all-in on a next-generation vehicle called the BFR, or Big Fucking Rocket. This rocket, which will be capable of going to the Moon and Mars, will eventually become SpaceX’s primary vehicle for launching satellites and traveling to the International Space Station, too.

It’s a radical move for the company, which has a fairly reliable rocket already. But can SpaceX afford this change? In his presentation, Musk discussed how SpaceX plans to fund the cost of developing the vehicle — though he didn’t mention any dollar figures — as well as what it will be used for when it’s complete. His ideas may be enough to fund the transition and keep the company...

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