“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. 

SpaceX launching satellite Doge-1 to the moon next year

– Mission paid for in Doge
– 1st crypto in space
– 1st meme in space

To the mooooonnn!!https://t.co/xXfjGZVeUW

— Elon Musk (@elonmusk) May 9, 2021

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. 

The company that @SpaceX just contracted with for the moon launch next year, funded by Dogecoin, has 11 employees and does $1.75mn/yr in revenues. Here’s their website. Oh… and this is one of Geometric Energy’s 11 employees. https://t.co/6GUL2EgcI6 pic.twitter.com/mtFkaLODiY

— Gordon Johnson (@GordonJohnson19) May 9, 2021

Ok, now he can’t claim he doesn’t know anything about this. The company contracting with @SpaceX, Geometric Energy Corporation, is a small latex glove company. A simple Google search establishes that. $TSLA https://t.co/8fMJFT7spV

— Diogenes (@WallStCynic) May 9, 2021

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

Just look at the responses to Musk’s tweet just now. This is the CEO of a $700B publicly-traded company, as well as a US defense contractor, engaged in an ongoing silly promote of a questionable cryptocurrency. The question is, “Why?” And “Where(are his boards)?” @SpaceX $TSLA

— Diogenes (@WallStCynic) May 10, 2021

Prophecy. Fulfilled. pic.twitter.com/sQI3VZhVRD

— Adam Ford (@Adam4d) May 9, 2021