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SpaceX CEO Elon Musk Will Take Dogecoin To the Moon

SpaceX CEO Elon Musk Will Take Dogecoin To the Moon
  • Elon Musk tweeted that he wants SpaceX to take Dogecoin to the literal moon.
  • If this happens, Dogecoin would be the first cryptocurrency in space.
  • Dogecoin price started surging soon after Musk’s tweet.

Dogecoin’s most vocal celebrity fan, Elon Musk, is back. This time Musk has announced his intention to send Dogecoin to the literal moon using SpaceX.

Musk is a billionaire CEO for Tesla and SpaceX. While Musk’s Tesla brand already has strong crypto ties, this is the first time SpaceX will be linked to a specific crypto. Notably, while Tesla builds electric cars, SpaceX builds and has sent spacecraft to Space.

Previously, Musk has sent Dogecoin price surging by tweeting that the crypto is heading to the moon. In fact, Musk came under fire after Tesla adopted Bitcoin instead of Doge. Some Twitter users even questioned Musk’s sincerity in supporting Doge.

However, it seems Musk was sincere in his prediction and is now taking measures to literally make it happen. Musk did not, however, disclose when this will take place.

In addition, SpaceX has lost several rocket prototypes. Most recently, SpaceX’s Starship SN11 rocket successfully took off and soared up to an altitude of about 10 km. The SN11 rocket, however, failed to land. Meanwhile, Dogecoin price has spiked sharply since the tweet, the token up by 25.5% in 24 hours. It looks like at this rate, Doge might moon before making it to the literal moon.

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Avid reader and writer with a passion for sharing crypto news and trends. Uses her background in finance to help readers better understand the crypto market and investments. Hopes to see mainstream crypto adoption in the near future, especially in Africa.