The Mars One project has been declared bankrupt

The Mars One project has been declared bankrupt

Despite bankruptcy, Mars One has been keeping up appearances on Twitter with nary a mention of having gone belly up.

Mars One consisted of two arms: the non-profit Mars One Foundation and the for-profit Mars One Ventures. A user posted a link to financial documents suggesting that Mars One was set to be liquidated.

But going to Mars is a ridiculously complicated multi-billion-dollar affair, and Mars One never really proved it was serious enough to tackle the interplanetary challenge. Along the way, Mars One also fended off accusations that it was running a scam, getting people to pay almost $40 for a remote chance to travel in space.

Almost seven years after it first grabbed headlines, Mars One, a startup that wanted to send the first human colony to Mars, is officially dead.

"Mars One itself will focus on the even more inspiring "being there", the adventurous story of humans actually living on Mars, making The Red Planet their new home", the company continues.

Mars One's timelines were continually evolving, as well. The list was cut down to 1,058 finalists - who then went through several more rounds of reductions.

Lansdorp told Engadget that the Mars One Foundation is still operating, but could not do anything of note without additional investment. Today's angel investor claimed feels suspiciously timed to counter the many news reports that came out yesterday following the discovery of Mars One's bankruptcy.

Mars One, a Dutch company that planned to send humans on a one-way trip to Mars and start the first human colony on the Red Planet, has been declared bankrupt. And she said she was still excited at the idea of getting to Mars someday - perhaps by applying for NASA's space program and joining one of its missions to Earth's neighbor.

After defending the scam claim in early 2015, CEO Bas Lansdorp and the Mars One project essentially went quiet and now we know why.