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Seeking Alpha 2021-05-10 05:52:09

Elon Musk's SpaceX to launch dogecoin-funded satellite to the moon in 2022

Elon Musk's SpaceX to launch dogecoin-funded satellite to the moon in 2022

SpaceX (SPACE) will accept meme-inspired cryptocurrency dogecoin as a payment to fund a lunar mission next year - Reuters."SpaceX launching satellite Doge-1 to the moon next year – Mission paid for in Doge – 1st crypto in space – 1st meme in space", Musk said in a tweet.In a statement Sunday, Geometric Energy announced the “DOGE-1 Mission to the Moon,” with financial value of the mission not disclosed. The company will team with Elon Musk's commercial rocket company SpaceX to send a 40-kg satellite to the moon on a Falcon 9 rocket in Q1 2022."This mission will demonstrate the application of cryptocurrency beyond Earth orbit and set the foundation for interplanetary commerce", SpaceX Vice President of Commercial Sales Tom Ochinero was quoted as saying in the statement released by Geometric Energy.The digital currency which was conceived as a joke, has spiked more than 10,000% YTD, and has gained nearly 800%

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