Can you travel from New York to London in under 30 minutes? How about Australia to London in 51 minutes? Well, Elon Musk of Tesla and SpaceX fame says it can and will happen.

The billionaire entrepreneur said the BFR spacecraft unveiled by his company SpaceX will be able to fly to most places on earth in under 30 minutes and anywhere in under an hour, with the cost roughly equivalent to an economy flight on a passenger jet.

The reusable rockets would apparently have a maximum speed of 27,000 km per hour (16,777 mph), although earth flights would travel at just over 7,000mph, allowing flights of thousands of miles in as little as 22 minutes.

“If you build a ship that’s capable of going to Mars, what if you take that same ship and go to another place on earth, so we looked at that and the results are quite interesting,” he said. He later added that “cost per seat should be about the same as full fare economy in an aircraft“. – The Telegraph

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