SpaceX’s Starship rocket will be launched for a sixth test flight next week, the latest experiment by the Elon Musk-owned aerospace firm to create reusable spacecraft after a previous test resulted in a “seminal moment” for the company.

(Reuters) -Elon Musk's SpaceX is preparing to launch a tender offer in December to sell existing shares at a price of $135 per share, two sources familiar with the matter said. The tender offer would value SpaceX at more than $250 billion, according to the sources.

On Tuesday, Trump appointed Musk and Vivek Ramaswamy, a biotech entrepreneur and former presidential hopeful, to lead a new “department of government efficiency”. It will “provide advice and guidance from outside of government” and look for ways to “dismantle” bureaucracy, Trump said in a statement.