Elon Musk Is Headed for Mars: Will Space Real Estate Be a Good Investment?

Elon Musk has long dreamed of taking people to Mars and leaving them there (he says he'll build a habitat) and has hinted on and off about these plans for years. A recent Tweet from Musk, in passing, referred again to his Mars plan, setting off yet another flurry of people interested in the Red Planet. Can we, or can't we? When should we pack our bags for otherworldly habitation?

According to the man himself, SpaceX should be capable of taking a crew to Mars in 2026. And that's the first step, isn't it? Although NASA's plans for Mars are less solid, the space agency has been increasingly looking for outside partners to help speed up the development of space tech. So, innovations by these private firms could easily change timelines in unpredictable ways, opening up opportunities for all sorts of people, including real estate investors.

Image source: Getty Images.

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Source Fool.com