SpaceX says it will accept Dezcoin as money for an upcoming lunar mission

The illustration of the article titled Dogecoin is literally going to the moon

Pictures: Joe Riddle / Staff (Getty Images)

Elon Musk May Sent Dozequin stock plumbing ting He dropped the bomb on Saturday night, May 8However, this does not mean that the CEOs of Tesla and SpaceX are not in favor of expanding their partnership. Volatile cryptocurrency.

On monday CNN reported There was SpaceX Committed to a payment consisting of a single dojicoin From Canada-based Geometric Energy Corporation to guarantee that agency Spot for an 88-pound satellite on an upcoming space mission.

“It’s no joke,” said Samuel Reid, CEO of Geometric Energy Corporation. He told CNN about the planned payment How or why the agreement was made into precisely into.

The mission in question – aptly known as Dose-1 – is set to begin in early 2022. Geometric Energy CorporationCommercial Sales Vice President, Tom Ochinero, for transaction purposes “Demonstrate the application of cryptocurrency outside the world Lays the foundation for orbital and inter-friendly trade.

“Indeed, through these very transactions, DOGE has proven to be a fast, reliable and cryptographically secure digital currency when traditional banks cannot be commercially sufficient and managed to finance moon missions,” Ochinero said in a statement.. “It has been selected as the unit of account for all lunar trades between SpaceX and Geometric Energy Corporation and will set the precedent for future missions to the moon and Mars.”

The announcement marks the beginning of a massive cryptocurrency sell-off that has seen shares of the currency decline. More than 40% After Musk referred to it as a “rush” during his annoying Saturday Night Live performance. But no moreAther than reflected A The real concern among investors was the sudden fall in share prices Trigger-fingered investors are probably already known as the ultra-funny crypto who triggered the prospect of using Musk’s multi-hyped SNL presence to close a quick buck.

As part of Kastur’s hosting responsibilities over the days, shares Dejekin traded so fiercely with popular brokerage App Robinhood has issued a statement to that agency On On Sunday morning it was working to solve cryptocurrency processing problems.

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