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Elon Musk Says 'I Will Not Forget About Mars,' Reaffirms SpaceX's Multiplanetary Vision

Jul 27, 2026, 10:41 AMShomik Sen Bhattacharjee

Elon Musk in a social media post reaffirmed SpaceX's long-term Mars ambitions, rejecting claims he abandoned the idea.

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benzinga
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Jul 27, 2026, 10:41 AM
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Jul 27, 2026, 10:41 AM
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    Archer Aviation and SpaceX represent two different aerospace plays with vastly different maturity levels. Archer is pre-commercial with $300K revenue and $618M losses, pursuing FAA certification for eVTOL aircraft. SpaceX generates $18.7B in revenue but reported a $5B net loss in FY2025 due to massive capital requirements. The article concludes SpaceX is the wiser long-term choice despite both companies' negative cash flows, citing SpaceX's established Starlink business and market support versus Archer's high valuation multiples and regulatory uncertainties.

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