The US space company SpaceX will launch a satellite to the moon next year that is fully funded with the crypto coin Dogecoin.

The Canadian company Geometric Energy Corporation, which will lead the moon mission, announced this on Sunday.

The satellite, dubbed DOGE-1, will be launched aboard a SpaceX Falcon 9 rocket in the first quarter of 2022, the Calgary-based company said in a statement.

The satellite, weighing forty kilos, will collect information about the moon through sensors and cameras, according to the company.

The company is talking about the first commercial lunar charge to be paid in full with Dogecoin, without specifying exactly how much the project will cost.

“We are excited to launch 'DOGE-1 to the Moon'!” Said SpaceX's Tom Ochinero.

"This mission will demonstrate the application of cryptocurrency beyond Earth orbit and lay the foundation for interplanetary trade."

The announcement comes the day after SpaceX founder Elon Musk hosted the live comedy show 'Saturday Night Live' (SNL).

In it, he praised Dogecoin, originally made as a joke but legitimized by the eccentric tech entrepreneur's tweets.

A major driver of crypto coins, Tesla's boss described Dogecoin in an SNL sketch as "an unstoppable vehicle going to take over the world."

Musk shared Sunday's moon mission announcement on Twitter, writing, "To the mooooonnn !!"

SpaceX launching satellite Doge-1 to the moon next year– Mission paid for in Doge– 1st crypto in space– 1st meme in spaceTo the mooooonnn !!

https://t.co/xXfjGZVeUW

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Avatar Author lonmusk Moment of places 22:41 - 9 May 2021