Musk, Mars and x-risk

Kawoomba

Elon Musk, the billionaire founder and CEO of the private spaceflight company SpaceX, wants to help establish a Mars colony of up to 80,000 people by ferrying explorers to the Red Planet for perhaps $500,000 a trip.

Relevant Sagan quote:

(...) we've put all our eggs in one basket. If we were on many worlds and were to mess up down here, there's a way for the human species to continue. I don't for a moment propose that the Earth is a disposable planet, and we have to put enormous efforts into making sure we don't muss up down here. But there is a chance.

This should also at least somewhat reduce the x-risk stemming from uFAI (a subset of uFAI's may not concern themselves with space travel), and may significantly reduce the x-risk posed by many other x-risk categories (bioengineered threats, catastrophic climate change, global nuclear catastrophe, grey goo scenarios, etcetera).

For total x-risk reduction, prima facie it's unclear to me how supporting an endeavor such as Musk's stacks up against the SI's effectiveness, measured by total x-risk reduction per donated currency unit.

What's your take?

Article on space.com

Elon Musk, the billionaire founder and CEO of the private spaceflight company SpaceX, wants to help establish a Mars colony of up to 80,000 people by ferrying explorers to the Red Planet for perhaps $500,000 a trip.

Relevant Sagan quote:

(...) we've put all our eggs in one basket. If we were on many worlds and were to mess up down here, there's a way for the human species to continue. I don't for a moment propose that the Earth is a disposable planet, and we have to put enormous efforts into making sure we don't muss up down here. But there is a chance.

What's your take?

Can you name an alternative way of spending money that is clearly more cost effective in reducing x risk? (I ask this in a sincere attempt to know what your views and those of other LW users are.)

Nothing leaps to mind, other than the obvious SIAI and FHI.

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Musk, Mars and x-risk

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Musk, Mars and x-risk

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