SpaceX CEO and lead designer Elon Musk unveiled a spacecraft that the company said "will be the most powerful rocket in history."

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According to The Associated Press, Musk told a crowd gathered at the company's Texas launch site Saturday night that the massive, metal craft, dubbed Starship, was designed to travel to a destination such as Mars or the moon, then return to Earth.

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"Starship serves as a large, long-duration spacecraft capable of carrying passengers or cargo to Earth orbit, planetary destinations, and between destinations on Earth," the company said in a series of tweets Saturday night.

The rocket eventually "will provide affordable delivery of significant quantities of cargo and people, essential for building moon bases and Mars cities," SpaceX claimed, adding that Starship will have the ability to "carry as many as 100 people on long-duration, interplanetary flights."

Musk said Starship's first takeoff should come within the next two months, when the craft is expected to soar to 65,000 feet, then return, the AP reported.

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– The Associated Press contributed to this report.