English transcript

Our goal with Starship is to enable anyone to go to the moon, or Mars, or elsewhere, if they want to.

And I think that is actually genuinely possible with a fully reusable rocket.

The fundamental breakthrough that's needed to make life multi-planetary and for us to be a space-bearing civilization

is full and rapid reusability, which is what we have for every other form of transport.

Our cars are reusable, our planes are reusable, bicycles, horses, they're all reusable.

But rockets historically have not been reusable, they've been single-use.

And that means you've got to have a whole new rocket every time you fly, which obviously makes it extremely expensive.

But with Starship, we're close to achieving full and rapid reusability.

And that then drops the cost of space travel by literally 10,000%.

Like, no exaggeration. It's like 10,000% improvement. It's insane.

Well, it's the difference between, you know, if you have to refuel your car or get a new car.

That's a really big cost difference.

The situation historically with rockets is like if you went on a journey, if it was a car,

you'd have to get a car and then tow a smaller car behind you to leave the other car there

and then come back in the little car, which is insane.

You need a second car just for the return journey.

So that has made space insanely expensive.

But once it's fully reusable, now the cost is simply whatever it takes to refill the rocket.

That's it.