Elon Musk’s SpaceX Is Placing a ‘Literal Dogecoin on the Literal Moon’

The corporate plans to launch the satellite tv for pc subsequent 12 months with the “joke” cryptocurrency.

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Regardless of warning Dogecoin buyers to proceed with warning, Elon Musk introduced his plans to take the cryptocurrency to the moon.

Yesterday, The Tesla CEO introduced that SpaceX is launching “DOGE-1 Mission to the Moon,” a Dogecoin-funded mission that may ship a cubesat named DOGE-1 to the moon. The 40 kilogram satellite tv for pc will fly on a Falcon 9 rocket within the first quarter of 2022, with a purpose of gathering lunar-spatial intelligence.

Associated: Elon Musk Says Dogecoin May Be Cryptocurrency’s Future, However Warns Followers to ‘Make investments With Warning’

The satellite tv for pc will launch by a partnership between SpaceX and expertise agency Geometric Vitality Company. 

“Having formally transacted with DOGE for a deal of this magnitude, Geometric Vitality Company and SpaceX have solidified DOGE as a unit of account for lunar enterprise within the area sector,” Geometric Vitality’s Chief Government Officer Samuel Reid mentioned in a press launch.

Although the information was formally introduced on Sunday, Musk hinted on the mission in a tweet on April Idiot’s Day.

The information is especially welcome for Dogecoin buyers after the cryptocurrency took a dive following Elon Musk’s look on Saturday Night time Reside. In keeping with Reuters, the cryptocurrency misplaced greater than a 3rd of its worth on Sunday. Nonetheless, Dogecoin’s worth has risen greater than 10,000% this 12 months.

Associated: A German Scientist Predicted {That a} Individual Named ‘Elon’ Would Lead People to Mars

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