Elon Musk Teases Launch of 'Doge-1' Satellite by SpaceX to the Moon

© AFP 2023 / HANNIBAL HANSCHKESpaceX owner and Tesla CEO Elon Musk gestures as he arrives on the red carpet for the Axel Springer Awards ceremony, in Berlin, on December 1, 2020
SpaceX owner and Tesla CEO Elon Musk gestures as he arrives on the red carpet for the Axel Springer Awards ceremony, in Berlin, on December 1, 2020 - Sputnik International, 1920, 10.05.2021
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In early April, the SpaceX and Tesla founder announced that his company would "put a literal Dogecoin on the literal moon". With a recent tweet, he seems to be sticking to his promise.

Elon Musk took to Twitter on Sunday, a day after his guest host appearance on Saturday Night Live, to announce that SpaceX is planning to launch a satellite named "Doge-1" to the Moon.

According to the billionaire, the mission will be paid for in dogecoin and will mark the first cryptocurrency - and the first meme - in space. 

The launch of the satellite will be performed by Geometric Energy Corporation (GEC), with the use of a Falcon 9 rocket.

"This mission will demonstrate the application of cryptocurrency beyond Earth orbit and set the foundation for interplanetary commerce," said a SpaceX vice president of commercial sales, Tom Ochinero. "We're excited to launch DOGE-1 to the Moon!"

​Geometric Energy's chief executive officer, Samuel Reid, suggested that the mission would "solidify" dogecoin "as a unit of account for lunar business in the space sector."

The upcoming mission seems to be making real an April promise made by Musk to "put a literal Dogecoin on the literal moon". A vocal supporter of the meme-based cryptocurrency dogecoin, the SpaceX founder nevertheless warned those who want to experiment with it to "invest with caution"

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