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.

Elon Musk’s SpaceX reportedly plans to launch a tender offer next month that would sell existing shares at a price of $135 each, valuing the company at more than $250 billion.

Pan Am — the airline considered to be among the best of the world during travel’s so-called Golden Age — reportedly at one point had its sights set far beyond the Idlewild to London run. At the peak of the late-1960s space race, the flyer promised bookings for future moon flights to a whopping 100,000 people.

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.

Elon Musk hopes lightning will strike twice. SpaceX is set to test its massive Starship rocket next week following a successful catch of its Super Heavy booster by the “Mechazilla” arms last month. It will mark the company’s fastest turnaround yet for the rocket designed to take humans back to the moon — and eventually Mars.