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Elon Musk Launches SpaceX To The Moon With Dogecoin-Funded Satellite

Surprise surprise, after Elon Musk’s appearance on SNL (Saturday Night Live), the price of dogecoin plunged as much as 29.5% to 49 cents at one point because Musk joked about Dogecoin being a “hustle”. Previously, Twitter users were eagerly following Musk to find out more about Dogecoin, what started out as a meme is now a valuable cryptocurrency. Well, Elon Musk didn’t stop his extreme jokes there.

He mentioned in a tweet “SpaceX is going to put a literal Dogecoin on the literal moon.” The tweet has then garnered 61.7K retweets and 547.4K likes. On top of that, SpaceX will be carrying the satellite under the name DOGE-1 to the moon. Yes, you read that right, DOGE-1.

SpaceX is going to put a literal Dogecoin on the literal moon — Elon Musk (@elonmusk) April 1, 2021

The DOGE-1 is a CubeSat meant to acquire “lunar-spatial intelligence” using onboard cameras and sensors. It’s being sent and paid for by a company named Geometric Energy Corporation, and it’ll be flown up on a Falcon 9 rocket in 2022. In a press release, it mentioned that Dogecoin is “sophisticated enough to finance a commercial Moon mission in full” and that it will be used for all lunar businesses between the two companies.

What did you think about Elon Musk’s move? Will you continue to invest your money in Dogecoin after this big news?

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#cryptocurrency #Dogecoin #ElonMusk #SpaceX

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