SpaceX will launch the"DOGE-1 Mission to the Moon" in the first quarter of next year, with Elon Musk's commercial rocket company accepting the meme-inspired cryptocurrency dogecoin as payment.
FILE PHOTO: Cryptocurrency representations are seen in front of the Dogecoin logo in this illustration picture taken April 20, 2021. REUTERS/Dado Ruvic/IllustrationREUTERS: SpaceX will launch the"DOGE-1 Mission to the Moon" in the first quarter of next year, with Elon Musk's commercial rocket company accepting the meme-inspired cryptocurrency dogecoin as payment.
Geometric Energy Corporation announced the dogecoin-funded mission on Sunday, with the statement not disclosing the mission's financial value."We're excited to launch DOGE-1 to the Moon!", SpaceX Vice President of Commercial Sales Tom Ochinero was quoted as saying in the statement released by Geometric Energy."This mission will demonstrate the application of cryptocurrency beyond Earthorbit and set the foundation for interplanetary commerce".
Musk's tweets this year turned the once-obscure digital currency, which began as a social media joke, into a speculator's dream.Electric carmaker Tesla Inc, where Musk is CEO, said in February it bought US$1.5 billion worth of bitcoin and would soon accept it as a form of payment for its electric cars, a large stride toward mainstream acceptance that sent bitcoin soaring to a record high of nearly US$62,000.