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From $0.11 to the Moon? Musk Says SpaceX May Carry Dogecoin Next Year

On Tuesday, someone from Tesla Owners Silicon Valley asked Elon Musk on X whether SpaceX would actually put a physical Dogecoin on the moon, and Musk typed back “maybe next year.” Two words on a Tuesday afternoon and suddenly everyone’s talking about DOGE again.

What Did Elon Musk Actually Say, and Why Does It Matter?

The post itself wasn’t anything fancy – just a reply buried in a thread. But context matters here. Musk originally floated this idea back in April 2021, and that kicked off a 30% rally pushing Dogecoin up to nearly $0.60. We’re a long way from those prices now; DOGE was hovering around $0.11 when he posted on Tuesday, according to CoinGecko. The man still moves the needle when he opens his mouth about this coin, though.

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The DOGE-1 Mission Actually Exists – Here’s What’s Going On

This isn’t just talk for the sake of talk. There’s an actual satellite called DOGE-1, built by the Canadian firm Geometric Energy Corporation. SpaceX signed on to launch it, and the whole contract got paid in Dogecoin, making it the first crypto-funded space mission anyone had pulled off. It’s a 40 kg CubeSat designed for lunar data collection.

The catch is this thing was supposed to fly in early 2022. It didn’t. It got pushed again and again, and before Musk’s post the target was somewhere in the second half of 2026. SpaceX VP Tom Ochinero had previously said DOGE-1 was meant to prove that cryptocurrencies could work beyond Earth orbit, which is a pretty bold claim for a meme coin to back up.

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Why Dogecoin Holders Actually Care About This?

Elon Musk has done more to move Dogecoin’s price than probably anyone else alive. His tweets alone have swung DOGE by double-digit percentages on multiple occasions, so when he casually hints SpaceX might carry Dogecoin to the moon, people pay attention.

DOGE is sitting at roughly $0.11 with a market cap around $18 billion, per Coinbase. If DOGE-1 makes it to lunar orbit, it’d give the coin a credibility no Reddit hype could match. Though the repeated delays have made a lot of people quietly skeptical this will ever launch.

Bottom Line

The real timeline on DOGE-1 isn’t going to come from Musk’s X replies. Geometric Energy Corporation is running this project, and their CEO, Samuel Reid has been filing updates with the FCC. That’s where you want to look for news on when this thing flies.

SpaceX just wrapped up its acquisition of xAI, creating a company worth around $1.25 trillion. Whether that shakeup speeds up DOGE-1 or buries it under bigger priorities, no one can say yet. The Dogecoin SpaceX Moon Mission is still alive, and if Elon Musk keeps pushing it, there’s a real shot SpaceX delivers – but nothing is confirmed.

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What is the DOGE-1 mission? 

It’s a satellite, a 40kg CubeSat that Geometric Energy Corporation built for SpaceX to launch to the moon. The whole thing got paid for in Dogecoin, which is why the crypto crowd actually cares. Been stuck in delays since 2022 though.

When is DOGE-1 actually going to launch? 

Honestly? Your guess is as good as mine. Elon Musk threw out 2027 in that X reply, but Geometric Energy Corporation actually decides when this thing goes up. Watch what their CEO says, not what Musk tweets.

Has Elon Musk confirmed he owns Dogecoin? 

Nope. Tweets about DOGE like it’s his side project and branded himself “The Dogefather,” but he’s dodged every question about his actual holdings. So who really knows.

Will DOGE-1 change Dogecoin’s price long term? 

Probably not on its own. Musk’s posts have pumped DOGE hard before, and the price always cooled off fast after. A moon landing would be bigger than a tweet, sure, but one satellite mission isn’t going to fix how volatile this coin is.

Get the news in a Jist. Follow Cryptojist on X and Telegram for real-time updates!

Disclaimer:

Look, we’re just journalists reporting the news here, not your financial advisors. Everything you read above is for information purposes only. Crypto is wild, unpredictable, and can absolutely wreck your savings if you’re not careful. Never invest money you can’t afford to lose. Seriously, we mean it. Do your own research, talk to actual licensed financial professionals, and remember that past performance means absolutely nothing when it comes to future results. The crypto market can turn on a dime, and what’s hot today might be toast tomorrow. We’re not responsible for your investment decisions, good or bad. Trade smart, stay safe, and don’t bet the farm on anything you read on the internet, including this article.

Shubham Raniwal
I’m a cryptocurrency journalist with a strong passion for blockchain technology and digital assets. Over the years, I have covered a wide range of topics including crypto markets, projects, and regulatory developments. I focus on crafting clear and insightful stories that help readers understand the complexities of the blockchain space. When I’m not writing, I enjoy photography and exploring the exciting intersections of technology and art.

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