Elon Musk says he’s going to put Dogecoin on ‘the literal moon’

It may be April Fools’ Day for a couple of extra hours, however that is no joke. 

SpaceX CEO Elon Musk tweeted on Thursday (April 1) he would put “a literal Dogecoin” (pronounced “dohj coin”) on the “literal moon.”

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Although some questioned whether or not Musk was joking in gentle of it being April Fools’ Day and his fame for making off-the-cuff remarks, others, together with CNBC space reporter Michael Sheetz, steered Musk might very properly be telling the reality. 

“I know it’s April Fool’s but I don’t for a second question that he means this,” Sheetz tweeted, to which Musk replied: “After all, SpaceX’s first payload to orbit & back was a wheel of cheese.” (SpaceX did actually deliver a wheel of cheese to orbit in 2010, throughout a take a look at flight of its Dragon cargo spaceship.)

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The self-proclaimed “techno-king of Tesla,” Musk, 49, is an ardent supporter of cryptocurrencies, together with Dogecoin and bitcoin. In February, Tesla announced that it had bought $1.5 billion price of bitcoin. One month later, Musk stated Tesla would settle for it as fee for its automobiles. 

SpaceX has not but made an analogous announcement.

Related: SpaceX founder Elon Musk is now the richest person in the world

Dogecoin, which initially began as a joke, was created in 2013 by software program engineers Billy Markus and Jackson Palmer. The cryptocurrency, which makes use of a Shiba Inu as a mascot, is “an open source peer-to-peer digital currency, favored by Shiba Inus worldwide,” an outline on Dogecoin.com states.

The cryptocurrency may be obtained in a number of other ways: bought, traded on an trade or “mined.” 

This shouldn’t be the primary time Musk has talked about Dogecoin’s presence on the moon. In February, Musk tweeted a meme of a Shiba Inu in a spacesuit on the moon holding a Dogecoin flag.

The price of Dogecoin skyrocketed following Musk’s tweet, as its worth rose practically 30% to $0.70 simply minutes after Musk’s proclamation. 

It’s unclear if Musk was severe about sending Dogecoin to the moon, however the firm might probably make that occur, given its lunar exploration plans.

In August 2020, Space.com reported that SpaceX’s Starship spacecraft could reach the lunar surface with NASA payloads as quickly as 2022. And in February, NASA stated it might use SpaceX to present launch companies for components of its ongoing Gateway challenge, an upcoming outpost that orbits across the moon. 

As Business Insider notes, the bodily cash are bought as memorabilia however don’t operate as foreign money.

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