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The BFR rocket and spaceship is being designed as the most ambitious space project ever created, a precursor to a mission to Mars.

Here's what to know about Yusaku Maezawa. He started Japanese e-commerce giant Start Today in 1998 and popular fashion marketplace Zozotown in 2004.

Maezawa is the 18th richest person in Japan with a fortune of $3 billion, according to Forbes magazine. In 2016, he dropped nearly $100 million during a spending spree at two art auctions in NY. He is also a high profile art collector, and the owner of a $110.5 million Jean-Michel Basquiat piece.

What will Maezawa do on the trip?

Maezawa and his team of artists will not land on the moon.

During its event tonight, the company put a name to the first private passenger who will fly around the moon.

Mr Maezawa, 42, said he wants his guests for the lunar orbit "to see the moon up close, and the Earth in full view, and create work to reflect their experience". I choose to go to the moon with artists!' Moreover, none of them will have to pay anything for the trip as the Japanese executive has already brought all the seats on BFR. It has not yet been confirmed which artists Maezawa would invite, but he has suggested that it would be artists who inspire him personally which would be chosen.

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The console has been somewhat modernized to keep up with the times, but it still gets you the retro gaming experience you want. Other companies started to release classic or mini consoles or computers such as a C-64 Mini or the Atari Flashback console.

Musk dropped a huge hint about the identity of the traveller when fans asked him who would be taking part in the mission.

What does Maezawa's booking mean for SpaceX?

"This is unsafe. This is not a walk in the park", Elon Musk warned at a crowded press conference at the rocket maker's headquarters near Los Angeles International Airport.

During the same press conference, Musk unveiled an updated design for the BFR rocket; it now stands at 118 meters, making it taller than the original Apollo mission rockets, which sent the first astronauts to the Moon.

No one has gone to the moon since the Apollo astronauts, with the last trip in 1972. He also showed a simulation of the vehicle's landing on the surface of Mars.

But this isn't an just a space tourism flight like those being envisioned by Virgin Galactic. Originally, the Falcon Heavy - which completed its first static test fire earlier this year - was scheduled to carry space tourists to the moon and back in late 2018.