"SpaceX has signed the world's first private passenger to fly around the Moon aboard out BFR launch vehicle - an important step towards enabling access for everyday people who dream of traveling to space".
The BFR, which Elon Musk said can carry up to 100 people when it was first touted previous year, will fly around the moon as part of the personal trip. Back in February 2017, the company announced that two people had signed up for a week-long around the moon mission with a launch date expected late 2018.
In a tweet Thursday night, SpaceX announced its plans to name the first private person to take a journey around the moon - and why.
The webcast is embedded below.
Nintendo Switch Online launches on September 18th with 7-day free trial
Individual membership is separated into three tiers: $3.99 for one month; $7.99 for three months and $19.99 for 12 months. There's also a family membership option which costs $34.99 per year and allows up to 8 accounts to be connected.
Musk's ultimate goal is to colonize Mars.
The rocket in combination with a spaceship capsule is being built by SpaceX with the colonization of the planet Mars in mind.
SpaceX has also set up a livestream for the announcement on Monday. SpaceX was tight-lipped about the financial terms of the deal and the identity of the individuals. However, around the same time, Musk told reporters that his space company had no plans to use the world's most powerful operational launch vehicle for human space travel.
Instead, Musk said, SpaceX would turn its focus to developing the BFR, which he deemed a better option for tourism missions.
SpaceX has established its bona fides in the aerospace business by transporting supplies to the International Space Station and by completing the tricky maneuver of recovering rockets after launch so that they can be reused.