Elon Musk says SpaceX may put Dogecoin on the moon next year

Dogecoin (DOGE) might make it to the moon as early as 2027, according to Elon Musk.

“Maybe next year,” Musk responded when asked by Tesla Owners Silicon Valley, one of the largest and most influential Tesla owners’ clubs, about when SpaceX would put “a literal Dogecoin on the literal moon,” the plan he first teased in April 2021.

The 2021 announcement triggered a 30% price surge, pushing Dogecoin to nearly $0.6.

DOGE is now trading above $0.1, up 1.5% in the past hour after Musk’s comment, per CoinGecko.

The statement revives interest in the DOGE-1 mission, a 40kg CubeSat funded entirely in Dogecoin and designed for lunar data collection. SpaceX originally planned the mission for Q1 2022.

Tom Ochinero, SpaceX’s vice president, previously stated that “this mission will demonstrate the implementation of cryptocurrencies beyond Earth orbit.”

The mission has faced repeated delays and remains unlaunched. Before Musk’s Tuesday statement, it was projected that the launch would take place in mid- to late 2026.

SpaceX and xAI combine to form a trillion-dollar tech giant

SpaceX on Monday announced it acquired xAI to pool talent, capital, and computing power, forming one of the world’s largest private companies at $1.25 trillion.

The combined firm will leverage AI in space, Starlink satellites, and other technologies to accelerate innovation on and off Earth. The move comes as SpaceX plans to pursue a record IPO later this year.

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