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May 09, 2021 09:50 PM EDT
In a recently published article in The Economic Times, Elon Musk announced through his social media account that its SpaceX would be funded by the cryptocurrency Dogecoin. It will be the first commercial lunar payload in history.
According to a published article in PRNewswire, in the first quarter of 2022, the 40-kilogram cubesat will be deployed as rideshare on a Falcon 9 lunar payload flight.
SpaceX Vice President of Commercial Sales, Tom Ochinero, said, "This mission will demonstrate the application of cryptocurrency beyond Earth orbit and set the foundation for interplanetary commerce. We're excited to launch DOGE-1 to the Moon," as reported by MarketWatch.