KEY POINTS

  • Musk tweeted a nearly 2-minute video of the 'official' Dogecoin song
  • SpaceX announced its 'Doge-1 Mission to the Moon'
  • The mission will send a cube satellite and computational systems on a Falcon 9 rocket to the moon

SpaceX founder Elon Musk on Sunday marked his company’s “Doge-1 Mission to the Moon” by sharing the "official" Dogecoin song on Twitter.

The Geometric Energy Corporation announced the meme-inspired mission over the weekend. The mission will fly a 40-kilogram cube satellite on a Falcon 9 rocket and will carry “lunar-spatial intelligence and computational systems” on board. It is expected to launch in the first quarter of 2022.

SpaceX’s Musk confirmed the news on Twitter and shared that the mission will accept dogecoin as full payment for the payload. He also posted a nearly two-minute video of the cryptocurrency's “official” song from Herr Fuchs.

“SpaceX launching satellite Doge-1 to the moon next year. Mission paid for in Doge. 1st crypto in space. 1st meme in space. To the mooooonnn!” Musk wrote.

In a statement released by Geometric Energy Corporation, SpaceX’s vice president of commercial sales, Tom Ochinero, said the mission would “set the foundation for interplanetary commerce,” CNBC noted.

“We’re excited to launch DOGE-1 to the Moon!” Ochinero added.

Musk had previously announced the company’s plans to “put Dogecoin on the literal moon” in a tweet on April Fool’s Day. He had also previously suggested that SpaceX is set to send the “silliest things” to space, including Musk’s car, which is still in orbit near Mars and the asteroid belt.

The vehicle has a 6% chance of crashing on Earth in the next million years and a 2.5% chance of crashing on Venus, according to calculations by Hanno Rein from the University of Toronto in Canada.

The announcement comes a day after Musk’s hosting debut on “Saturday Night Live” where he called the meme-inspired cryptocurrency a “hustle” during a comedy sketch. The price of dogecoin fell by nearly 30% hours before his appearance and continued to drop during Musk’s opening dialogue.

Musk, self-proclaimed “Dogefather,” has been one of the digital cryptocurrency’s biggest boosters.

In January, the SpaceX founder posted a mock-up of a Vogue-inspired “Douge” magazine cover, leading to a 682% increase in dogecoin price.

On Feb. 4, the billionaire described dogecoin as “the people’s crypto,” causing prices to rise by 44%. Three days later, he shared the song “Who let the Doge out,” which led to a 57% rise in Dogecoin prices.

SpaceX owner and Tesla CEO Elon Musk cracked jokes at his own expense while hosting US sketch comedy show Saturday Night Live
SpaceX owner and Tesla CEO Elon Musk cracked jokes at his own expense while hosting US sketch comedy show Saturday Night Live POOL / Britta Pedersen