Elon Musk said in an interview this week with Fox News host Jesse Watters that his focus on Mars has to do with ensuring humanity's longterm survival.

Musk joins American industrialists who have sought a perfect union of labor and capital in company-owned communities.

In an interview with Fox News, Elon Musk shared that as part of SpaceX's 'Occupy Mars mission', he aims to establish a self-sustaining colony on the Red Planet.

Elon Musk is taking the long view. The billionaire SpaceX founder has long said that humanity needs to expand its footprint out into the solar system — specifically to Mars, which is the most suitable and reachable target — so that we won't go extinct if something bad should happen to Earth.

SpaceX CEO Elon Musk shares his vision for life on Mars in an exclusive interview on 'Jesse Watters Primetime.'

Elon Musk revealed to Fox News' Jesse Watters that his desire to colonize Mars stems from wanting to get the entire human race a "life insurance" policy.

"One of the benefits of Mars is life insurance for life collectively," Musk said in an interview with Fox News. "So eventually all life on Earth will be destroyed by the Sun. The Sun is gradually expanding, so we do at some point need to be a multi-planet civilization because Earth will be incinerated."

The White House hinted that Mars missions would be a priority of the Trump Administration last month after the president met with Italian Prime Minister Giorgia Meloni, indicating in a press release after the two met that the US and Italy would partner on a Mars mission as soon as next year.

Tesla Inc. (NASDAQ:TSLA) has touted the company's FSD (Full Self-Driving) technology ahead of next month's Robotaxi launch in Austin, Texas. What Happened: A video posted by a handle on X called Whole Mars Catalog showcased a Tesla vehicle navigating its way through traffic using Supervised FSD near Los Angeles's LAX airport on Saturday.

Sen. John Cornyn introduced the Mission to Modernize Astronautic Resources for Space Act, which would improve and modernize the Johnson Space Center.