Elon Musk Is Launching A Dogecoin-Funded Satellite Next Year

doge-1 spacex elon musk dogecoin satellite

Taking the sentiment that you shouldn’t ever let your memes be nothing more than dreams to heart, Dogefather/Technoking of Tesla/Imperator of Mars – Elon Musk – has confirmed SpaceX is scheduled to launch the DOGE-1 Dogecoin satellite mission to the moon during Q1 of 2022. And as an added layer of hilarity, the company will be accepting the associated cryptocurrency as full payment for the lunar payload – making this entire endeavour infinitely funnier than anything we experienced in the most recent episode of Saturday Night Live.

According to Geometric Energy Corporation, the DOGE-1 cube satellite will make its way onto a Falcon 9 rocket as a 40 kilogram payload for the purpose of obtaining “lunar-spatial intelligence” from both sensors and cameras onboard with “integrated communications and computational systems.” SpaceX Vice President of Commercial Sales Tom Ochinero has stated this promises to be an exercise in demonstrating the cryptocurrency’s application beyond Earth’s orbit, while also potentially setting the foundation for “interplanetary commerce.”

“We’re excited to launch DOGE-1 to the moon!” says Ochinero.

RELATED: You Can Now Buy A Tesla Using Bitcoin

As pointed out by The Verge, the announcement appears to be a strategic counter to the ongoing narrative that Dogecoin is a “hustle” – which Elon Musk himself actually joked about during an SNL segment this past weekend, subsequently leading to a overnight price crash. The official SpaceX press release goes on to elaborate how Dogecoin is, in fact, “sophisticated enough to finance a commercial Moon mission in full” and will be utilised for all lunar business between itself and Geometric Energy Corporation.

The DOGE-1 Mission to the Moon’s total financial value has yet to be disclosed but given how the price of Dogecoin has been on a monster tear this year, that particular dollar-figure is likely to soar even further than the satellite itself.