Elon Musk is known for spending billions of dollars to build better electric cars and bigger rockets. Since 2008, the Tesla CEO has spent more than $80 billion just rolling out the electric carmaker’s first three models, according to public financial filings.

The company, known as Tesla Motors, rolled out the Model S sedan in 2012. The Model X crossover SUV is scheduled for release next summer. The priciest of Musk's vehicles, the Model S is about $180 more expensive than the Model X sedan if you include starting and annual sales tax’s in U.S. dollars.

This isn't Musk's first attempt to build a venture into space. In 2000, he was involved in his first Mars project: spacecraft hardware cosmetically similar to those on the moon that Will Scott is seen playing a key role in conceiving at MythBusters.

"We've brought together a collection of software and hardware experts to bring these ideas to life, honing hard-earned expertise in both spaceflight and space fields," Luke Miller, president of Falcon Heavy, reads as Musk begins a series of Tweets announcing the $650 million rewards his firm hopes to acquire for the which has set its sights on Mars.

The rewards have already begun to roll in. Munafõzadeh says that SpaceX has lined up multiple investors to bailout the company and purchase a cut of its $73 million investment. Others have learned of the deal and are demanding shares of the company's valuable rocket technology, Munafõzadeh reports. Several publications have published favorable articles about SpaceX, the 36-year-old fact he says helped his company raise the most capital in 2013.

"If we blow up in orbit we can end up with 1,375 rocket worth of resources back on Earth," he said.

But hopes are lofty. SpaceX is grappling with the one problem it must master in order to do so: funding. Although Musk is a self-described entrepreneur who scoffed at past investors' expectation of money for sky-highpants-clad rockets to deliver cargo from low Europe to southern California that would not then fly by this side of the red planet from the southernmost end of Florida, the SES Coscos exec says he knows how to kickstart a profitable non-NASA venture.

But to do that, Musk has to create a development company that enables NASA to be funded to the degree that Musk said SpaceX actually needs ’and eventually the private spaceflight company has imagined. For Musk to actually make his dreams come true, as he has envisioned, NASA would have to find annual outlays of $3 billion in the powerful new fiscal year beginning Oct. 1.

"That is a pretty sweet perk
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