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

The satellite, which weighs 40 kilos, will collect information about the moon via sensors and cameras, according to the company.

The company speaks of the first commercial moon landing to be paid in full with Dogecoin, without specifying exactly how much the project will cost.

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

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

The announcement comes a day after SpaceX founder Elon Musk hosted the comedy show

Saturday Night Live

(

SNL

).

In the broadcast, he praised the Dogecoin, which was once created for fun.

Tesla's boss, also a driver of crypto coins, called the Dogecoin in an

SNL

sketch "an unstoppable vehicle that will take over the world."

Musk shared the announcement of the lunar mission on Twitter on Sunday.

"

To the moon

!" He added.