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SpaceX will join Tesla in accepting dogecoin ‘soon,’ Musk says

Dogecoin, a popular crypto meme token, will soon be accepted by SpaceX, Elon Musk tweeted on Friday, causing the currency's price to spike as other cryptocurrencies fell.

Elon Musk arrives for the 2022 Met Gala at the Metropolitan Museum of Art on May 2 in New York. The Gala raises money for the Metropolitan Museum of Art's Costume Institute. The Gala's 2022 theme is "In America: An Anthology of Fashion."

Dogecoin, a popular crypto meme token, will soon be accepted by SpaceX, Elon Musk tweeted Friday, causing the currency’s price to spike as other cryptocurrencies fell.

“Tesla merch can be bought with Doge, soon SpaceX merch too,” Musk tweeted.

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

— Elon Musk (@elonmusk) May 27, 2022

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

Products on the SpaceX website, including “occupy Mars” T-shirts and spacesuit onesies, were still listed in dollars as of Saturday midday.

When asked by a Twitter user if Starlink internet subscriptions could be paid with the dog meme-themed currency, Musk replied, “Maybe one day.”

Maybe one day

— Elon Musk (@elonmusk) May 27, 2022

Maybe one day

SpaceX’s “DOGE-1 Mission to the Moon,” the first space mission funded completely by cryptocurrency, is slated to launch in June, according to spacetv.net.

Dogecoin traded higher Friday afternoon after Musk’s morning announcement, as other popular cryptocurrencies fell. Dogecoin traded 4% higher, while Bitcoin fell 3% and Ethereum fell 8%, MarketWatch reported.