Musk has stated that one of his goals is to decrease the

cost and improve the reliability of access to space,

ultimately by a factor of ten.[50] CEO Elon Musk said: "I
believe $500 per pound ($1100/kg) or less is very
achievable".[51]

Falcon Heavy Rocket on Launch Pad 39A in Cape

Canaveral, Florida.
A major goal of SpaceX has been to develop a rapidly
reusable launch system. As of March 2013, the publicly
announced aspects of this technology development
effort include an active test campaign of the low-
altitude, low-velocity Grasshopper flight test
vehicle,[52][53][54] and a high-altitude, high-speed Falcon
9 post-mission booster return test campaign. In 2015,
SpaceX successfully landed the first orbital rocket stage
on December 21.
In 2017, SpaceX formed a subsidiary, The Boring
Company,[55] and began work to construct a short test
tunnel on and adjacent to the SpaceX headquarters and
manufacturing facility, utilizing a small number of
SpaceX employees,[56] which was completed in May
2018,[57][58] and opened to the public in December
2018.[59] During 2018, The Boring Company was spun
out into a separate corporate entity with 6% of the
equity going to SpaceX, less than 10% to early
employees, and the remainder of the equity to Elon
Musk.[59]
At the 2016 International Astronautical Congress, Musk
announced his plans to build large spaceships to reach
Mars.[60] Using the Starship, Musk planned to land at
least two unmanned cargo ships to Mars in 2022. The
first missions would be used to seek out sources of
water and build a propellant plant. Musk also planned to
fly four additional ships to Mars in 2024 including the
first people. From there, additional missions would
work to establish a Mars colony.[8][61] These goals are
however facing delays.[62]
Musk's advocacy for the long-term settlement of Mars,
goes far beyond what SpaceX projects to build;[63][64][65]
a successful colonization would ultimately involve
many more economic actors—whether individuals,
companies, or governments—to facilitate the growth of
the human presence on Mars over many decades.