SpaceX Accepts Dogecoin As Payment To Launch “DOGE-1 Mission To The Moon”

Commercial rocket manufacturer SpaceX is planning to launch the “DOGE-1 Mission to the Moon” in the 1st quarter of 2022. The Elon Musk-led company would accept the meme-inspired digital asset DOGE as payment.

In a recent tweet, Musk mentioned,

“SpaceX launching satellite Doge-1 to the moon next year – Mission paid for in Doge – 1st crypto in space – 1st meme in space.”

Earlier on Sunday, Geometric Energy Corporation declared the Doge-funded mission, with the statement not divulging the mission’s financial value.

In a statement released by Geometric Energy, SpaceX Vice President of Commercial Sales Tom Ochinero was quoted as mentioning,

“This mission will demonstrate the application of cryptocurrency beyond Earth orbit and set the foundation for interplanetary commerce.”

Subsequent to Musk calling it a ‘hustle’ during his guest-host spot on the “Saturday Night Live” comedy sketch TV show, Dogecoin lost more than a third of its price on Sunday.

Back in the month of February, electric carmaker Tesla, which is also led by Elon Musk, mentioned that it purchased one and a half billion dollars worth of BTC and would soon accept it as a form of payment for its cars, a substantial step toward mainstream adoption that sent BTC soaring to a record high of around sixty-two thousand dollars.