Elon Musk announces SpaceX will accept Dogecoin for next moon mission


Elon Musk announced this week, that SpaceX will launch a moon mission in 2022 and it will be funded by digital currency Dogecoin.

The SpaceX founder said that mission would send a satellite – aptly titled Doge-1 – into space and that it would be the “first crypto in space” and the “first meme in space.”

The announcement comes after Musk’s controversial appearance on SNL as host this past Sunday. During a segment, he joked about Dogecoin being a “hustle” and within the first hour of the show, Dogecoin’s prices plummeted from an all-time high.

Now, after Musk’s latest Tweet on May 9, saying that SpaceX’s next moon mission will be funded by the popular meme coin, the price of Dogecoin immediately surged and reclaimed its spot as the fourth most valuable cryptocurrency.

Read More | Watch all Elon Musk’s SNL sketches and opening monologue

Musk has previously said he would put “a literal dogecoin on the literal moon”, which also caused the price to briefly shoot up. He regularly tweets Dogecoin memes and even refers to himself as the “Dogefather”.

However, the Doge-1 mission Elon is punting isn’t the first time that someone has promised to send the Doge to the Moon. Software and game developer, Joe Frusetta confirmed his plans to send a physical dogecoin to the moon later this year, in partnership with Google Lunar XPrize winner, Astrobotic.

Musk also recently teased that Tesla might soon accept Dogecoin too, by asking his Twitter followers in a poll: “Do you want Tesla to accept Dogecoin?”

Watch the Technoking of Tesla host SNL right here, and find more trending content, here.

Like it? Share with your friends!