Lunar Launcher

It's always a festival when you are on the Lunar Launcher.

Riding Requirements:

This mount is available to all eligible characters on your account.
Level 10
Apprentice Riding (ground)
Expert Riding (flying)

Source:

Lunar Festival Vendors in Various Capital Cities.
Cost: 75
Only available during Lunar Festival

Notes:

This rocket with Pandaria-style dragon decorations can be purchased from festival vendors during the annual Lunar Festival which occurs in late January to early February (times can vary so check the game calendar for precise dates each year). The Coins of Ancestry used to purchase this mount can be earned by honoring the various Elders around Azeroth. See Wowhead's Lunar Festival Guide for more information.

Introduced in:

Patch 11.0.7

Travel Mode:

Ground (+60% or +100% speed)
Flying (+150%, +280% or +310% speed)

Speed depends on your riding skill.

More info on Wowhead:

Lunar Launcher taught by Lunar Launcher