By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
News for IndiaNews for IndiaNews for India
  • Home
  • Posts
  • Search Page
  • About us
Reading: SpaceX doesn’t have a timeline for its human missions to Mars. Kalshi traders say don’t expect it this decade
Share
Font ResizerAa
News for IndiaNews for India
Font ResizerAa
  • Economics
  • Business
  • Home
  • Categories
    • Business
    • Economics
  • About us
  • Sitemap
Follow US
  • Advertise
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
News for India > Finance > SpaceX doesn’t have a timeline for its human missions to Mars. Kalshi traders say don’t expect it this decade
Finance

SpaceX doesn’t have a timeline for its human missions to Mars. Kalshi traders say don’t expect it this decade

Last updated: June 15, 2026 7:01 pm
2 months ago
Share
SHARE


A Spacex Flacon 9 rocket lifts off from Space Launch Complex 40 on June 12, 2026 in Cape Canaveral Space Force Station, Florida.

Joe Raedle | Getty Images

SpaceX made its debut at the Nasdaq on Friday, climbing more than 19% on its first day of trading and rising above a $2 trillion market valuation. But while the arrival of the company to public markets is squared away, some of its other long-term plans are years in the future.

Elon Musk’s company in its initial public offering prospectus with the Securities and Exchange Commission repeatedly focused on the “Moon, Mars and beyond.” The company’s goal for Mars is so large that Musk won’t get a bonus of restricted shares unless SpaceX establishes a colony on the planet with more than 1 million inhabitants. 

But when that will happen is years from now, traders on prediction market platform Kalshi think.

Traders see just an 18% chance that SpaceX launches a human mission to Mars by 2030. Since the event contract first launched in March 2024, traders have never seen more than one-in-four odds of the mission happening this decade. 

The event contract will resolve to yes if SpaceX verifies a manned mission to Mars by Dec. 31, 2029. 

Traders’ uncertainty mirrors SpaceX’s own plans. In its prospectus, SpaceX made clear it doesn’t have a vision for when a Mars mission may happen. 

“Many of our initiatives… involve significant technical complexity, unproven technologies or technologies that do not exist, and such initiatives may not achieve commercial viability,” SpaceX said. “As a result, the timeline for certain of our initiatives involving unproven or new innovations … may be difficult or impossible to determine.”

But while an exact timeline may be unknown, the company’s focus on Mars is clear. The planet was mentioned 63 times in the prospectus itself, and once in a photo caption featured in the document.

Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.



Source link

You Might Also Like

Stocks making the biggest moves after hours: Sweetgreen, Airbnb, DraftKings, Trade Desk and more

Copper jumps to its highest level ever. What the metal is telling us

The July jobs numbers are due out Friday. Here’s what to expect

United Wholesale Mortgage plunges 40% after suspending dividend and raising capital

Traders on Kalshi now think it’s likely that the S&P 500 will hit 8,000 in 2026

TAGGED:Breaking News: MarketsBusiness NewsInvestment strategyMarketsNasdaq IncSpace Exploration Technologies CorpStock marketsWall Street
Share This Article
Facebook Twitter Email Print
Previous Article Suzlon Energy 2.0: Brokerages see execution-led growth opportunity, retain bullish stance | Stock Market News
Next Article Markets surge as US-Iran truce calms geopolitical jitters, revives global risk-on mood | Stock Market News

We influence 20 million users and is the number one business and technology news network on the planet.

Find Us on Socials

News for IndiaNews for India
© Wealth Wave Designed by Preet Patel. All Rights Reserved.
  • BUSINESS