Fun

Elon Musk Says Spacex Will Soon Accept Dogecoin for Merchandise — Starlink Subscriptions Could Follow

News Feed - 2022-05-28 11:05:05

Elon Musk Says Spacex Will Soon Accept Dogecoin for Merchandise — Starlink Subscriptions Could Follow


Spacex and Tesla CEO Elon Musk says that dogecoin will soon be accepted at Spacex for merchandise, in the same way Tesla is accepting DOGE payments. Furthermore, Starlink subscriptions may also be paid with dogecoin “one day.” Spacex to Soon Accept Dogecoin for Merchandise


Dogecoin got a little boost Friday when Tesla CEO Elon Musk announced via Twitter that Spacex will soon accept the meme cryptocurrency for merchandise. The Spacex boss tweeted: “Tesla merch can be bought with DOGE, soon Spacex merch too.”


In addition, Musk said that Spacex’s Starlink subscriptions may “one day” be paid with dogecoin. Starlink provides “High-speed, low-latency broadband internet in remote and rural locations across the globe,” its website describes.




Following Musk’s tweet about Spacex accepting dogecoin, the price of the meme cryptocurrency spiked. At the time of his tweet, DOGE was trading at $0.078399 per coin. It quickly rose more than 8% to $0.084927. However, the meme coin soon lost most of its gains and is currently trading at $0.081469.


Tesla began accepting dogecoin payments in January for some merchandise, and the electric car company currently accepts no other cryptocurrencies. The company used to accept bitcoin for products but stopped due to environmental concerns. Musk said in June last year that Tesla will resume accepting BTC when miners can confirm 50% clean energy usage. However, he has yet to revisit the subject.


Musk has long been a supporter of dogecoin. He is known in the crypto community as the Dogefather. The Tesla boss previously revealed that he owns bitcoin, ether, and dogecoin. However, Spacex only owns bitcoin. In April, Tesla’s balance sheet shows $1.26 billion in digital assets.


The Spacex chief said in May that dogecoin has potential as a currency while bitcoin is better suited as a store of value.


The Tesla and Spacex CEO is currently trying to buy Twitter. However, the deal is currently put on hold pending details supporting the calculation that spam and fake accounts represent less than 5% of the social media platform’s users. Tags in this story Doge, dogecoin, elon musk doge, elon musk dogecoin, spacex accepts doge, spacex bitcoin, spacex crypto, spacex cryptocurrency, spacex doge, spacex dogecoin, starlink doge, starlink dogecoin


What do you think about Elon Musk’s announcement that Spacex will soon accept dogecoin and Starlink subscriptions could follow? Let us know in the comments section below. Kevin Helms


A student of Austrian Economics, Kevin found Bitcoin in 2011 and has been an evangelist ever since. His interests lie in Bitcoin security, open-source systems, network effects and the intersection between economics and cryptography. Tether Launches on Polygon, USDT Stablecoin Now Hosted on 11 Blockchain Networks ALTCOINS | 9 hours ago Tether Launches Tokens Pegged to the Mexican Peso on Ethereum, Tron, and Polygon ALTCOINS | 2 days ago


Image Credits: Shutterstock, Pixabay, Wiki Commons Previous articleSenators Introduce Bill to Limit Use of China’s Digital Currency in the US — ‘This Is a Major Financial and Surveillance Risk’ Next articleLatam Cryptocurrency Exchange Bitso Announces Layoffs Amidst Expansion to Colombia Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Read disclaimerShow comments More Popular NewsIn Case You Missed ItRipple CEO: SEC Lawsuit Over XRP "Has Gone Exceedingly Well"


The CEO of Ripple Labs says that the lawsuit brought by the U.S. Securities and Exchange Commission (SEC) against him and his company over XRP "has gone exceedingly well." He stressed: "This case is important, not just for Ripple, it’s ... read more.Central Bank of Brazil Confirms It Will Run a Pilot Test for Its CBDC This Year Fidelity Investments Launches Crypto, Metaverse ETFs — Says "We Continue to See Demand" Australia to List Bitcoin ETF After 4 Clearinghouse Participants Commit to Meet Stringent Margin Terms Fed"s Bullard Wants to Raise Bank Rate to 3.5% by Year"s End, Hints at 75 Basis Point Rate Hike

News Feed

Newly-Launched Bitcoin.Com Lottery Unlocks Global Lotteries Through Cryptocurrency Payments
Newly-Launched Bitcoin.Com Lottery Unlocks Global Lotteries Through Cryptocurrency Payments Following the recent partnership between Bitcoin.com and Bravio Technologies Limited,
Brayden Lindrea1 hour agoSEC to seek interlocutory appeal in Ripple caseThe SEC"s interlocutory appeal comes nearly a month after Judge Analisa Torres laid out her non-final ruling.1702 Total views12 Total sharesListen t
Market Shockwave Ahead? Ethereum Could Crash Over 60%, Analyst Says
Este artículo también está disponible en español. Like most digital assets, Ethereum witnessed a correction this week by losing over 5% in the last 24 hours while trading
Bitcoin analyst expects 'big move' as BTC price taps new $73.8K record
William Suberg36 minutes agoBitcoin analyst expects "big move" as BTC price taps new $73.8K recordBTC price records keep coming with $74,000 on the table in advance of another day"s Bitcoin ETF inflows.514 Total viewsLis
Curve Finance reduces CRV emissions, boosting DAO sustainability
Josh O"Sullivan11 hours agoCurve Finance reduces CRV emissions, boosting DAO sustainabilityCurve Finance’s CRV token emissions reduced to 137 million annually, while Curve DAO’s earnings surpassed emissions for the f
RChain and Hoo: The Arrow Has Already Been on the String
RChain and Hoo: The Arrow Has Already Been on the String sponsored On November 27th, 2021, RChain‘s founder Greg Meredith and blockchain scientist Atticbee were invited as gu
Status of Second Stimulus Checks as Deadline for Government Shutdown Draws Near
Status of Second Stimulus Checks as Deadline for Government Shutdown Draws Near As Americans wait to hear if they will receive second stimulus checks, lawmakers
President of Jump Crypto steps down
Vince Quill3 hours agoPresident of Jump Crypto steps downKanav Kariya announced his resignation amid reports of a pending investigation into Jump Crypto’s activities and several incidents dating back to 2022.4010 Total
Western Union Suspends Operations in Russia, Belarus Over Ukraine War
Western Union Suspends Operations in Russia, Belarus Over Ukraine War Remittance giant Western Union has joined other financial services companies supporting sanctions in response
Solana rockets 13% to new yearly high, led by WIF memecoin frenzy
Tom Mitchelhill19 minutes agoSolana rockets 13% to new yearly high, led by WIF memecoin frenzyThe price of Solana surged to reach a new 2024 high, while traders are doubling down on the Solana-based memecoin dogwifhat.16
Ethereum Spot ETFs Suffer $186 Million Outflows As New Year Struggles Persist – Details
Este artículo también está disponible en español. The Ethereum Spot ETFs experienced another tumultuous trading week in 2025 resulting in an overall net outflow. At the s
Ethereum Suffers from Unintended ‘Chain Split,’ Third-Party Services ‘Got Stuck on Minority Chain’
Ethereum Suffers from Unintended "Chain Split," Third-Party Services "Got Stuck on Minority Chain" According to a number of third party infrastructure providers,