Black Friday Sale! 50% Off All Access

Elon Musk Announces Plan to Take CO2 out of Atmosphere and Convert It Into Rocket Fuel Musk announced the news on Twitter and invited people to participate in the program, writing: "SpaceX is starting a program to take CO2 out of atmosphere & turn it into rocket fuel. Please join if interested."

By The Epoch Times Edited by Charles Muselli

Entrepreneur+ Black Friday Sale

Our biggest sale — Get unlimited access to Entrepreneur.com at an unbeatable price. Use code SAVE50 at checkout.*

Claim Offer

*Offer only available to new subscribers

Opinions expressed by Entrepreneur contributors are their own.

Elon Musk announced on Monday that his company is working on a program to take carbon dioxide (CO2) out of the atmosphere and convert it into rocket fuel, claiming that it will be important for his future missions to Mars.

Musk announced the news on Twitter and invited people to participate in the program, writing: "SpaceX is starting a program to take CO2 out of atmosphere & turn it into rocket fuel. Please join if interested."

"Will also be important for Mars," he added.

The Tesla chief executive did not elaborate further on the new sustainable fuel program but as per the company's website, the SpaceX Falcon 9 rocket uses rocket-grade kerosene (RP-1) propellant as fuel.

According to Tesla, Falcon 9 is the world's first orbital-class reusable two-stage rocket designed to safely transport people and payloads into Earth orbit and beyond. Tesla says its reusability allows SpaceX to re-fly the most expensive parts of the rocket, lowering the cost of entering space.

The kerosene used in the SpaceX Falcon 9 rocket emits carbon dioxide, carbon monoxide, carbon soot, and a small number of sulfur compounds, among other chemicals, into the atmosphere.

Carbon dioxide, mainly emitted from the combustion of fossil fuels such as coal, oil, and natural gas, is the largest contributor to greenhouse gases.

In 2019, CO2 accounted for roughly 80 percent of all U.S. greenhouse gas emissions from human activities, according to the United States Environmental Protection Agency.

According to Champion Traveler, the Falcon 9 burns 29,600 gallons (112,184 kilograms) of highly refined kerosene, while 3.0 kilograms of CO2 goes into the atmosphere per kilogram of kerosene burned, meaning that roughly 336,552 kilograms of CO2 is added into the atmosphere per Falcon 9 launch.

The Epoch Times has contacted a SpaceX spokesperson for comment.

Musk previously announced XPrize Carbon Removal, a four-year global competition with a $100 million prize fund for innovators and teams across the world who can "demonstrate solutions that can pull carbon dioxide directly from the atmosphere or oceans, and sequester it durably and sustainably."

To win, participants must "demonstrate a working solution at a scale of at least 1000 tonnes removed per year; model their costs at a scale of 1 million tonnes per year; and show a pathway to achieving a scale of gigatonnes per year in future," according to the competition website.

Musk's announcement regarding the new sustainable fuel program comes after the billionaire was named Time magazine's "Person of the Year" for 2021 on Monday.

"The richest man in the world does not own a house and has recently been selling off his fortune. He tosses satellites into orbit and harnesses the sun; he drives a car he created that uses no gas and barely needs a driver," the magazine said of Musk.

By Katabella Roberts

Katabella Roberts is a reporter currently based in Turkey. She covers news and business for The Epoch Times, focusing primarily on the United States.

The Epoch Times, founded in 2000, is headquartered in Manhattan, New York, with a mission to provide independent and accurate information free of political bias or corporate influence. The organization was established in response to censorship within China and a lack of global awareness regarding the Chinese regime's repression of the spiritual practice Falun Gong.

The Epoch Times is a widely read newspaper that is distributed in 33 countries and is available in 21 languages. The publication has been critical in providing balanced and detailed reporting on major global events such as the 2003 SARS pandemic and the 2008 financial crisis. Notably, the organization has played a key role in exposing corruption inside China.

Aside from its human rights coverage, The Epoch Times has made significant contributions in a variety of fields. It has received praise for its in-depth analysis and expert perspectives on business, the economy and U.S. politics. The newspaper has also received praise for its broad coverage of these topics.

A series of editorials titled "Nine Commentaries on the Communist Party" appeared in The Epoch Times in 2004. It asserts that freedom and prosperity in China can only be achieved by eliminating the Communist Party, which violated China's cultural and spiritual values. In addition, the organization led the Tuidang movement, which resulted in over 400 million Chinese citizens quitting the Communist Party. In spite of this, 90% of websites referring to the "Nine Commentaries" were blocked by the Chinese regime.

The Epoch Times has been at the forefront of investigating high-level corruption cases within the Chinese regime, with its reporters taking significant risks to uncover these stories. The organization has received several awards for its investigative journalism.

The organization has received several awards for its investigative journalism. For more, visit www.theepochtimes.com.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Health & Wellness

How to Improve Your Daily Routine to Strike a Balance Between Rest and Business Success

Here's how entrepreneurs can balance their time and energy to prevent burnout.

Making a Change

This All-Access Pass to Learning Is Now $20 for Black Friday

Unlock more than 1,000 courses to fit your schedule.

Business News

The Two Richest People in the World Are Fighting on Social Media Again

Jeff Bezos and Elon Musk had a new, contentious exchange on X.

Money & Finance

Why Donald Trump's Business-First Policies Trump Harris' Consumer-Centric Approach

President Donald Trump's pro-business agenda is packed with policy moves encouraging investment to drive economic growth. The next Congress has a unique opportunity to support entrepreneurship and innovation, improving U.S. competitiveness with the rest of the world.

Growing a Business

Build a Business That Will Sell: From Valuations to a Successful Exit

Join us for this free webinar and learn how to develop a business that buyers will find irresistible.