Space for 100 passengers on Elon Musk’s rocket, by David Swan.

Speculative plans from billionaire tech mogul Elon Musk may mean cheap travel anywhere in the world in under an hour, if the ­SpaceX chief executive and newly minted South Australian power mogul is to be believed

Mr Musk unveiled design specs for the mammoth “BFR” spaceship in Adelaide yesterday, which he expects will take about 100 people at a time to the moon and Mars, and plans to send six advance ships, two with crew, by 2024.

He said with BFR people could travel anywhere on Earth within an hour using the BFR, but the most common long-distance trips could be completed within half an hour.

Mr Musk said the goals were “aspirational”, and SpaceX is yet to launch anyone into space. …

Mr Musk was also in Adelaide to launch the world’s largest lithium-ion battery in Jamestown, which he claims will go some way to solving South Australia’s blackouts. The battery is yet to be turned on. …

He said the BFR would be ­SpaceX’s biggest rocket but also its cheapest, and SpaceX is considering up to 30 launches in 2018, which is about half of all launches that occur each year across Earth.

hat-tip Stephen Neil