Elon Musk Sending Dogecoin To Space After His ‘SNL’ Jokes Smacked It On The Nose

Tesla CEO and SpaceX founder Elon Musk has tweeted that he’s sending a satellite tv for pc named after Dogecoin to the moon after his jokes about it on “Saturday Night Live” misfired and sent his favorite cryptocurrency plunging in worth.

SpaceX launching satellite tv for pc Doge-1 to the moon subsequent 12 months,” Musk tweeted Sunday. The mission might be “paid for in Doge,” famous the quirky entrepreneur, who now likes to name himself the “Dogefather.”

Musk vowed his launch will symbolize the “1st crypto in house” and the “1st meme in house.”

Traders in Dogecoin, which is represented by a shiba inu canine and was initially based as a joke mocking cryptocurrency, have been hopeful that Musk would ship Dogecoin values hovering with a plug during his appearance on “Saturday Night time Dwell” final week. Values in the past have rocketed with a point out by Musk.

As a substitute, its value plunged nearly 30% that night, apparently harm by Musk’s sometimes reckless feedback.

In a single “SNL” bit on “Weekend Replace,” Musk performed a monetary knowledgeable making an attempt poorly to elucidate the cryptocurrency. “Replace” co-anchor Michael Che requested him repeatedly: “What is Dogecoin?” Lastly, Che requested: “So it’s a hustle?” and Musk replied: “Yeah, it’s a hustle,” and smiled. 

The Doge-1 satellite tv for pc is outwardly an precise factor that might be paid for with Dogecoin.

SpaceX and Geometric Vitality Corp., a Canadian know-how agency, are teaming as much as carry a 90-pound satellite, Doge-1, on a Falcon 9 moon mission subsequent 12 months, in line with a press release Sunday. 

“Having formally transacted with DOGE for a deal of this magnitude,” the 2 corporations have “solidified DOGE as a unit of account for lunar enterprise,” mentioned Geometric Vitality CEO Samuel Reid. An organization consultant informed The New York Occasions that the project was not a joke.

“This mission will exhibit the applying of cryptocurrency past Earth orbit and set the muse for interplanetary commerce,” mentioned SpaceX Vice President of Business Gross sales Tom Ochinero. “We’re excited to launch Doge-1 to the Moon!”

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