SpaceX to Launch Dogecoin Mission

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SpaceX has quickly become one of the most popular space exploration companies in the world. They are far ahead of their competition and are doing things that others have not even thought of. The company made headlines once again when they announced that they would be accepting dogecoin cryptocurrency as payment. What makes this news interesting is that no one takes Dogecoin seriously since its inception is based on a meme. It turns out, SpaceX doesn’t care about that.

  • The news came when the company’s official Twitter profile tweeter said they would be launching a mission to the moon called Doge-1. The value of Dogecoin has been falling for a long time, but that does not bother SpaceX as they are adamant about putting the currency on the moon.
  • Although the exact details of the mission are unknown, the Vice President of Commercial Sales for SpaceX, Tom Ochinero, said that this mission would show the world the applications of cryptocurrency.
  • These tweets from Elon Musk have helped turn Dogecoin into one of the biggest cryptocurrencies in the world. Initially, people took it as a joke, but it has recently become the fourth most prominent cryptocurrency.
  • The Dogecoin value has gone up by as much as 800% over the last month; this has made its market value rise over USD 70 billion. This was short-lived as its price dropped on Sunday when Elon Musk called it a “hustle” while hosting Saturday Night Live.
  • Elon Musk takes cryptocurrency very seriously. In February alone, he announced that Tesla would be buying $1.5 billion worth of bitcoin. The company also unveiled that it would be accepting cryptocurrency as payment for its vehicles in the future.
  • This helped the price of bitcoin to rise as high as USD 62 000. This shows that when companies start to take cryptocurrency seriously, its value will start to rise. For now, things are still slow, so it is better to collect crypto at the moment.
  • SpaceX was also in the news when they said that their Starship prototype had made a successful landing. The company had made various attempts with the Starship rocket, but all of them had failed. However, this time the engineers at SpaceX were able to change things around and turn it into a success.
  • Billy Markus and Jackson Palmer created Dogecoin; they just decided to create a payment system as a side hustle and a joke. However, to everybody’s surprise, Dogecoin turned into a serious currency, and its value has been rising.
  • Elon Musk is very different from other entrepreneurs, his ambitions are very different from others, and he is willing to do whatever is possible to achieve his goals. This has made him one of the most successful businessmen in the world. If he continues to work like this, there is no doubt that he will put people on Mars and start a whole new civilization from scratch.

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