Mon. Jun 21st, 2021
From <a href=""Zero Hedge

“To The Moon”, Literally: SpaceX Says It’ll Accept Dogecoin As Payment For Lunar Mission

Just when you thought this past weekend’s admission on Saturday Night Live that dogecoin was a “hustle” by one of its biggest advocates, Elon Musk, may have marked the top, Musk has out-pumped himself on the meme cryptocurrency yet again.

It broke this weekend that SpaceX will launch the the “DOGE-1 Mission to the Moon” in the first quarter of next year, Reuters reported. SpaceX will accept dogecoin as payment, it said. 

“SpaceX launching satellite Doge-1 to the moon next year – Mission paid for in Doge – 1st crypto in space – 1st meme in space,” Musk tweeted over the weekend. 

Back in April, Musk had said SpaceX would put a “literal Dogecoin on the literal moon”. The crypto saw its value routed after Elon Musk’s highly anticipated Saturday Night Live appearance this weekend. Prior to that, the “joke” crypto went on a tear, with a market cap nearing $100 billion at its high. 

Geometric Energy Corporation announced the mission on Sunday. SpaceX VP of Commercial Sales Tom Ochinero stated: “This mission will demonstrate the application of cryptocurrency beyond Earth orbit and set the foundation for interplanetary commerce.”

Meanwhile, to no one’s surprise, Geometric Energy Corporation appears at first glance to be an 11 employee shop that does $1.75 million per year in revenue, according to GLJ Research’s Gordon Johnson. 

And at the end of the day, it feels like just more proof that we’re living in a simulation…

Tyler Durden
Mon, 05/10/2021 – 11:48

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