Elon Musk posted on Twitter on Sunday that SpaceX will launch a spacecraft to the moon in 2022 under a deal entirely funded by the Dogecoin cryptocurrency, according to TASS.
He said, that the following year, SpaceX will launch satellite Doge-1 to the moon, with the project being paid for in Doge.
The satellite will be launched in Q1 2022 using a Falcon 9 launch vehicle, according to the website of the Canadian firm Geometric Energy Corporation, which owns it. The satellite will be launched by SpaceX as part of a commercial spacecraft launch program. The deal’s value was not revealed.
In early April, Musk tweeted that SpaceX was going to take Dogecoin to the moon. At the same time, the businessman did not elaborate about what he said. The value of the cryptocurrency rose by 30% after his announcement. The currency climbed to $0.58 on Sunday from $0.50 the night before, owing to reports of a Dogecoin-paid satellite.