Elon Musk said SpaceX is testing of new rockets that would be reusable. That would provide a massive hundred-fold decrease in the cost of space flight. Fuel and oxygen is only 0.3% of the cost of a rocket. With reusable rockets, space travel could be easier to attain for more people, he said. SpaceX is currently working on a reusable rocket prototype, one that could “land safely anywhere on earth like a helicopter” after sending a given craft hurtling beyond our atmosphere to its destination. And damned if the company isn’t already part of the way there: Musk brought with him a video — set to Johnny Cash’s “Ring of Fire” — of a successful test of one of its 10-storey-high Grasshopper rising from a launchpad, hovering in the air for a short time and then softly descending to the ground on a cushion of boosters and landing gears. The test apparently only occurred “about a day and a half ago.” It flew up to about 300 feet and hovered for about 40 seconds.

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Brian Wang

Brian Wang is a Futurist Thought Leader and a popular Science blogger with 1 million readers per month. His blog Nextbigfuture.com is ranked #1 Science News Blog. It covers many disruptive technology and trends including Space, Robotics, Artificial Intelligence, Medicine, Anti-aging Biotechnology, and Nanotechnology.

Known for identifying cutting edge technologies, he is currently a Co-Founder of a startup and fundraiser for high potential early-stage companies. He is the Head of Research for Allocations for deep technology investments and an Angel Investor at Space Angels.

A frequent speaker at corporations, he has been a TEDx speaker, a Singularity University speaker and guest at numerous interviews for radio and podcasts. He is open to public speaking and advising engagements.