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.

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.

This is also the first time ISRO has developed a satellite that only uses the advanced Ka-band frequency, which has a range of radio frequencies between 27 and 40 gigahertz (GHz) and allows the satellite to have a higher bandwidth.

Elon Musk's SpaceX is preparing to launch a tender offer in December to sell existing shares at a price of $135 per share, the Financial Times reported on Friday, citing people with knowledge of the discussions.

"Bottom line, somebody in the Trump administration is going to say 'we want NASA and the private sector to collectively, as sort of a national space enterprise, we want them to go further, we want them to go faster, we want them to go more frequently, and we want them to go less expensively," Muncy said.

SpaceX is on a trajectory to remain the most dominant player in space launches for years to come as it makes strides with its heavy-duty Starship rocket program.

Elon Musk's SpaceX will launch India's heavy communication satellite, Gsat-20, on November 19th. Weighing over 4 tonnes, the satellite exceeds the capacity of India's current launchers, necessitating the use of SpaceX's Falcon-9.

In a big move, Elon Musk-owned Space X recently secured a big deal with India's Indian Space Research Organisation (ISRO), to launch the GSAT-20 communications satellite. The launch is all set to take place early next week using Space X's Falcon 9 rocket.