London to New York in 29 MINUTES! Elon Musk says we will travel by rockets in the near future

Billionaire Elon Musk has unveiled plans for intercontinental rocket flights which could see people travel from London to New York in just 29 minutes.

The entrepreneur said the BFR (which officially stands for Big F*****g Rocket) spacecraft unveiled by his company SpaceX could travel to most places on earth in under 30 minutes and anywhere in under an hour.

He also claims the cost would be the same to an economy flight on a chartered plane.

The passenger rockets could reach speeds of around 7,000mph.

Californian-based Musk says the rockets will be able to travel to Mars and says the first launch will take place in 2022.

He thinks we can be ready to begin colonising the planet from 2024.

But he insists that is not the end of their use.

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Musk said the high-speed rockets, as well as travelling around the galaxy, can be put to use much closer to home.

‘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.

The revolutionary plans were unveiled in Sydney.

SpaceX claims it would be able to fly from Hong Kong to Singapore in 22 minutes, New York to London in 29 minutes, and the 10,500-mile trip from Sydney to London would take 51 minutes.

Musk, who runs electric car maker Tesla, said the rockets could carry 100 passengers at a time.