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Elon Musk Says SpaceX Will Take Dogecoin To The Moon, DOGE Price Soars

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Elon Musk, the CEO of the electric car manufacturing company Tesla, who is also the founder of SpaceX, has stated that his company that makes and launches rockets and spacecraft will take his favorite meme token, Dogecoin (DOGE), to the Moon. .

Elon Musk has already passed many times in 2021 to promote the cryptocurrency created from the meme, Dogecoin, which has obviously been driving the popularity and market value of the digital currency.

SpaceX is literally taking Dogecoin (DOGE) to literally the moon

Unsurprisingly, the tweet has drawn thousands of reactions. What's worth noting about this recent tweet is the fact that it involved his rocket and spacecraft manufacturing company SpaceX, which is unusual for him.

Elon Musk tweeted: "SpaceX is literally going to literally put Dogecoin on the moon."

Elon Musk is used to tweeting about Dogecoin (DOGE). He once admitted that all his tweets about crypto are for fun, because of what the digital token represents.

Many have anticipated a possible sanction by the United States Securities and Exchange Commission (SEC), but it appears that the billionaire businessman and tech savvy is not intimidated.

The issue of the SEC possibly criticizing Elon Musk was brought up on Twitter in February 2021, by a crypto enthusiast pseudonym known as Pope of Muskanity.

The user wrote: "The SEC investigating dog memes sent by a memer about a memecoin is the peak of 2021. Hail Emperor Musk!"

In response to the tweet, the billionaire founder of SpaceX showed his readiness for the alleged SEC investigation.

Elon Musk replied: "I hope they do! It would be great".

Meanwhile, since Elon Musk shared the tweet, Dogecoin (DOGE) has been reacting positively in terms of price. At press time, DOGE is trading at $ 0.06705, with a relatively 27% price increase in the last 24 hours.



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