Musk is a billionaire CEO for Tesla and SpaceX. While Musk’s Tesla brand already has strong crypto ties, this is the first time SpaceX will be linked to a specific crypto. Notably, while Tesla builds electric cars, SpaceX builds and has sent spacecraft to Space.
Previously, Musk has sent Dogecoin price surging by tweeting that the crypto is heading to the moon. In fact, Musk came under fire after Tesla adopted Bitcoin instead of Doge. Some Twitter users even questioned Musk’s sincerity in supporting Doge.
However, it seems Musk was sincere in his prediction and is now taking measures to literally make it happen. Musk did not, however, disclose when this will take place.
In addition, SpaceX has lost several rocket prototypes. Most recently, SpaceX’s Starship SN11 rocket successfully took off and soared up to an altitude of about 10 km. The SN11 rocket, however, failed to land. Meanwhile, Dogecoin price has spiked sharply since the tweet, the token up by 25.5% in 24 hours. It looks like at this rate, Doge might moon before making it to the literal moon.