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The company that promised a one-way ticket to Mars is bankrupt

Mankind will be headed for Mars sooner or later, but planning and executing the first manned mission to another planet is obviously a complex and expensive endeavor. Mars One was one of the first and most ambitious attempts at getting a manned Mars mission off the ground. But it was terribly mismanaged, shortsighted and possibly even fraudulent in nature. It is also now dead. Mars One — which is broken into a confusing mishmash of a non-profit foundation and a for-profit company — gathered tens of millions of dollars from investors who saw promise in the company’s goal of creating a permanent Mars settlement. Needless to say, things didn’t work out. Reports of the company’s collapse, which were picked up by Reddit and spott ...