Elon Musk's new vision: Anywhere on Earth in under one hour

SAN FRANCISCO/SYDNEY – Entrepreneur Elon Musk, who envisions a human colony on Mars, is planning to create a new, much larger rocket ship code-named "BFR" capable of traveling anywhere on Earth in under an hour. If the concept becomes reality, a journey from New York to Shanghai can be completed in about 30 minutes. The surprise announcement means that Musk's Space Exploration Technologies Corp., which has already disrupted the aerospace industry with reusable launches, plans to ferry humans not just to distant planets but across this one as well. "If we are going to places like Mars, why not Earth?" Musk said Friday at the 68th International Astronautical Congress on Friday in Adelaide, Australia.