SpaceX will launch the “DOGE-1 Mission to the Moon” within the first quarter of subsequent yr, with Elon Musk’s industrial rocket firm accepting the meme-inspired cryptocurrency dogecoin as cost.
Geometric Energy Corporation introduced the dogecoin-funded mission on Sunday, with the assertion not disclosing the mission’s monetary worth.
“We’re excited to launch DOGE-1 to the Moon!”, SpaceX Vice President of Commercial Sales Tom Ochinero was quoted as saying within the assertion launched by Geometric Energy. “This mission will reveal the applying of cryptocurrency past Earthorbit and set the muse for interplanetary commerce”.
SpaceX launching satellite tv for pc Doge-1 to the moon subsequent yr
– Mission paid for in Doge
– 1st crypto in area
– 1st meme in area
To the mooooonnn!!https://t.co/xXfjGZVeUW
— Elon Musk (@elonmusk) May 9, 2021
Musk mentioned on Twitter in April that SpaceX was going to place a “literal Dogecoin on the literal moon”.
Dogecoin misplaced greater than a 3rd of its value on Sunday, after Musk referred to as it a ‘hustle’ throughout his guest-host spot on the “Saturday Night Live” comedy sketch TV present.
Musk’s tweets this yr turned the once-obscure digital foreign money, which started as a social media joke, right into a speculator’s dream.
Electric carmaker Tesla Inc, the place Musk is CEO, mentioned in February it purchased $1.5 billion price of bitcoin and would quickly settle for it as a type of cost for its electrical automobiles, a big stride towards mainstream acceptance that despatched bitcoin hovering to a document excessive of almost $62,000.
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