Travellers would still be looking at spending months on board before reaching the Red Planet.
Elon Musk also revealed there will be plenty of jobs on Mars.
When asked how people would be selected for the Red Planet move, the SpaceX head tweeted, “Needs to be such that anyone can go if they want, with loans available for those who don’t have money.”
In the meantime, Elon Musk is stockpiling money for a reason.
He said: “Helping to pay for this is why I’m accumulating assets on Earth.”