In a tweet, he announced the commercial space journey firm will begin the “DOGE-1 Mission to the Moon” early next year.

Crashed Cryptocurrency Dogecoin Will Now Accept As Payment In Elon Musk Rocket Company SpaceX Wointec.

It began as dogecoin continued to drop after the technology billionaire announced on television that it was a “hustle”.

Last month, he tweeted that SpaceX was going to set a “literal Dogecoin on the literal moon“.

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Canada’s Geometric Energy Corporation declared the dogecoin-funded purpose earlier on Sunday, although the report did not disclose its financial value.

SpaceX Vice President of Commercial Sales Tom Ochinero was speaking in the report, “This mission will express the relevance of cryptocurrency beyond Earth orbit and commenced the foundation for interplanetary commerce.”

Elon Musk’s tweets in recent months have accommodated to turn the once-obscure digital currency, which was begun as a social media joke, into the world’s fourth-biggest cryptocurrency.

It has risen by more than 800% over the last month, with its total market value flying above $70bn, according to cryptocurrency data tracker CoinGecko.com.

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However, dogecoin drops more than a third of its cost on Sunday, after Elon Musk called it a “hustle” while he was entertaining the Saturday Night Live comedy sketch television show.