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The event was held at the company's Hawthorne, Calif., headquarters, conveniently located next to a design shop for Tesla, Musk's other company.

After revealing the name of the space tourist, Musk failed to say how much money the man paid for the privilege. "I choose to go to the moon with artists".

It's a big boost for SpaceX and its CEO, Elon Musk.

The Moon is about 385,000 km away from Earth and the last time an astronaut travelled there was in 1972 as part of the Apollo 17 mission. While the trip to the moon is, in and of itself, a fairly bold undertaking, realistically it's just the first step towards Musk's ultimate goal of being the person that facilitated humanity's move to living on two separate planets.

"I did not want to have such a fantastic experience by myself", said Mr Maezawa, wearing a blue sports jacket over a white T-shirt with printed with a work by the late painter Jean-Michel Basquiat.

Maezawa purchased all seats on the spaceship, and plans to select six to eight artists from a variety of disciplines to take the lunar journey with him in 2023.

Amazon said to release eight new Alexa devices before year’s end
The company is expected to show them off at an event this month, CNBC goes on to note, according to an internal Amazon document. The company acquired Ring, a smart doorbell maker that also makes Alexa-compatible devices, earlier this year.

Elon Musk's SpaceX has signed its first private passenger to fly around the moon aboard its BFR launch vehicle. SpaceX is still working to built the 387-foot Big Falcon Rocket (BFR) it plans to use for its moon flight. Those tests will take the form of progressively higher up-and-down flights at an earthly launch facility.

"I choose to go to the moon!" said the 42-year-old Maezawa, who founded Japan's largest online fashion mall and is worth nearly $3 billion.

On its website, SpaceX is touting the "first passenger on lunar BFR mission", implying there will be more.

He says it's been his lifelong dream to go into space. "When you're pushing the frontier, it's not a sure thing", Musk said.

Maezawa, who is well known as an art collector, is calling the flight the "Dear Moon project". Those missions will depend on SpaceX's proven Falcon rockets.

Musk said: "The objective for SpaceX, the reason for creating SpaceX, was to accelerate the advent of humanity becoming a space-faring civilisation; to help advance rocket technology to a point where we could potentially become a multi-planet species and a true space-faring civilisation".