{"id":113945,"date":"2021-05-09T18:41:29","date_gmt":"2021-05-09T18:41:29","guid":{"rendered":"https:\/\/fin2me.com\/?p=113945"},"modified":"2021-05-09T18:41:29","modified_gmt":"2021-05-09T18:41:29","slug":"spacex-accepts-dogecoin-as-payment-to-launch-doge-1-mission-to-the-moon-next-year","status":"publish","type":"post","link":"https:\/\/fin2me.com\/business\/spacex-accepts-dogecoin-as-payment-to-launch-doge-1-mission-to-the-moon-next-year\/","title":{"rendered":"SpaceX accepts Dogecoin as payment to launch &#x27;DOGE-1 mission to the Moon&#x27; next year"},"content":{"rendered":"<ul>\n<li>Elon Musk&#x27;s SpaceX will launch the &quot;DOGE-1 Mission to the Moon&quot; in the first quarter of 2022, with the company accepting the meme-inspired cryptocurrency as payment.<\/li>\n<li>Geometric Energy Corporation announced the dogecoin-funded mission on Sunday, with DOGE-1 representing a 40 kilogram cube satellite flying as a payload on a Falcon 9 rocket.<\/li>\n<li>SpaceX vice president of commercial sales Tom Ochinero said in a statement that DOGE-1 &quot;will demonstrate the application of cryptocurrency beyond Earth orbit and set the foundation for interplanetary commerce.&quot;<\/li>\n<\/ul>\n<p>Elon Musk&#x27;s SpaceX will launch the &quot;DOGE-1 Mission to the Moon&quot; in the first quarter of 2022, with the company accepting the meme-inspired cryptocurrency as full payment for the lunar payload.<\/p>\n<p>Geometric Energy Corporation announced the dogecoin-funded mission on Sunday, which SpaceX&#x27;s communications team confirmed in an email to reporters. The mission&#x27;s financial value was not disclosed.<\/p>\n<p>DOGE-1 will fly a 40 kilogram cube satellite as a payload on a Falcon 9 rocket, with Geometric Energy Corporation saying its payload &quot;will obtain lunar-spatial intelligence from sensors and cameras on-board with integrated communications and computational systems.&quot;<\/p>\n<p>SpaceX vice president of commercial sales Tom Ochinero said in a statement that DOGE-1 &quot;will demonstrate the application of cryptocurrency beyond Earth orbit and set the foundation for interplanetary commerce.&quot;<\/p>\n<p>&quot;We&#x27;re excited to launch DOGE-1 to the Moon!&quot; Ochinero said.<\/p>\n<p>Musk previously announced the company&#x27;s plans, albeit in a tweet on April Fool&#x27;s Day.<\/p>\n<p>&quot;SpaceX is going to put a literal Dogecoin on the literal moon,&quot; Musk wrote.<\/p>\n<p>The DOGE-1 mission comes after Musk, the self-proclaimed &quot;Dogefather,&quot; made his debut as host of &quot;Saturday Night Live.&quot; The price of dogecoin plunged during his appearance, falling below 50 cents, despite his references to the cryptocurrency.<\/p>\n<p>For SpaceX, the announcement also comes on the day the company set a new record for its Falcon 9 series of rockets. After launching another batch of Starlink satellites into orbit, SpaceX landed the Falcon 9 rocket&#x27;s booster for a 10th time \u2014 a benchmark Musk has previously described as key in the company&#x27;s progress of reusing its rockets.<\/p>\n<p>&quot;It&#x27;s designed to do 10 or more flights with no refurbishment between each flight,&quot; Musk told reporters in May 2018.<\/p>\n<p>&quot;We believe that the [Falcon 9] boosters are capable of on the order of at least 100 flights before being retired. Maybe more.&quot;<\/p>\n<p><em>Become a smarter investor with\u00a0<\/em><em><strong>CNBC Pro<\/strong><\/em><em>.<\/em><br \/><em>Get stock picks, analyst calls, exclusive interviews and access to CNBC TV.\u00a0<\/em><br \/><em>Sign up to start a\u00a0<\/em><em><strong>free trial today<\/strong><\/em><em><strong>.<\/strong><\/em><\/p>\n<p>Source: <a href=\"https:\/\/www.cnbc.com\/2021\/05\/09\/spacex-accepts-dogecoin-payment-for-doge-1-mission-to-the-moon.html\" target=\"_blank\" rel=\"noopener\">Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Elon Musk&#x27;s SpaceX will launch the &quot;DOGE-1 Mission to the Moon&quot; in the first quarter of 2022, with the company accepting the meme-inspired cryptocurrency as [&#8230;]<\/p>\n","protected":false},"author":3,"featured_media":113944,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>SpaceX accepts Dogecoin as payment to launch &#x27;DOGE-1 mission to the Moon&#x27; 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