Elon Musk: SpaceX Will Soon Accept Dogecoin (DOGE) Payments

Elon Musk took it to Twitter to announce that SpaceX will soon join Tesla to accept Dogecoin payments. DOGE jumped nearly 15% after the tweet.

Tesla and SpaceX CEO Elon Musk announced on the social platform Twitter that SpaceX will soon accept Dogecoin as a form of payment. Over the past few years, Musk’s similar tweets had driven the popular DOGE to surge in value within a short period of time. This time, the cryptocurrency spiked nearly 15% right after the news broke, but has since retraced.

After announcing Tesla would accept Dogecoin as payment for some of its merchandise, Musk revealed on Twitter that SpaceX, another one of his businesses, will soon accept Dogecoin as a payment option.

Tesla merch can be bought with Doge, soon SpaceX merch too

— Elon Musk (@elonmusk) May 27, 2022

The SpaceX CEO did not specify when the payment option will be available to the public.

He was also asked if customers would be able to pay for Starlink’s internet subscriptions with Dogecoin, to which Musk replied, “Maybe one day.”

Maybe one day

— Elon Musk (@elonmusk) May 27, 2022

Last May, SpaceX accepted Dogecoin as full payment for a lunar mission dubbed the “DOGE-1 Mission to the Moon.” Musk noted that “Dogecoin would become the first cryptocurrency in space.”

At the time of writing, DOGE trades at $0.08165, up 4.9% on the daily chart.