Elon Musk already has a plan to get you from New York to Washington, D.C. in 29 minutes. But the billionaire's latest proposal blows that one out of the atmosphere.



Musk unveiled plans Friday for a rocket that would take passengers anywhere on the planet in under an hour.

The aircraft, Musk claimed, would both take off and land vertically, like a space rocket. It would fly most routes — New York to Tokyo, for example — in about 30 minutes, and anywhere in under an hour.

Musk also claimed the cost for a ticket would be comparable to an economy seat on an airplane.

"Cost per seat should be about the same as full fare economy in an aircraft. Forgot to mention that," he wrote on Instagram.

https://www.instagram.com/p/BZnVfWxgdLe/

At a presentation Friday in Australia, Musk showed off plans for the so-called BFR rocket, which would also be able to bring satellites into orbit and crews to Mars.

Musk's company, SpaceX, has been able to make smaller rockets land vertically, though the technical and commercial feasibility of this new venture is yet to be determined.

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