Musk’s SpaceX To Launch DOGE-1 Mission in 2022, Accept Dogecoin As Payment

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Founder and Chief Designer, SpaceX, Elon Musk

Elon Musk’s SpaceX will launch the “DOGE-1 Mission to the Moon” in the first quarter of 2022, with the company accepting the meme-inspired cryptocurrency as full payment for the lunar payload.

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Geometric Energy Corporation announced the dogecoin-funded mission on Sunday, which SpaceX’s communications team confirmed in an email to reporters. The mission’s financial value was not disclosed.

DOGE-1 will fly a 40-kilogram cube satellite as a payload on a Falcon 9 rocket, with Geometric Energy Corporation saying its payload “will obtain lunar-spatial intelligence from sensors and cameras on-board with integrated communications and computational systems.”

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SpaceX vice president of commercial sales Tom Ochinero said in a statement that they are excited to launch DOGE-1 to the moon, adding that it “will demonstrate the application of cryptocurrency beyond Earth orbit and set the foundation for interplanetary commerce.”

Meanwhile, Musk had previously announced the company’s plans, albeit in a tweet on April Fool’s Day where he wrote: “SpaceX is going to put a literal Dogecoin on the literal moon”

The DOGE-1 mission comes after Musk, the self-proclaimed “Dogefather,” made his debut as host of “Saturday Night Live.” The price of dogecoin plunged during his appearance, falling below 50 cents, despite his references to the cryptocurrency.

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For SpaceX, the announcement also comes on the day the company set a new record for its Falcon 9 series of rockets. After launching another batch of Starlink satellites into orbit, SpaceX landed the Falcon 9 rocket’s booster for the 10th time — a benchmark Musk has previously described as key in the company’s progress of reusing its rockets.

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