Musk’s ‘It’s Time’ Revives Dogecoin-Funded DOGE-1 Moon Mission
Tesla and SpaceX CEO Elon Musk reignited interest in the Dogecoin-funded DOGE-1 moon mission by tweeting ’It’s time’. The 12U CubeSat, paid entirely in DOGE through a partnership with Geometric Energy Corp, was delayed from 2022 to late 2025. Despite Musk’s remark, Dogecoin traded around $0.1655 amid broader crypto market weakness, Fed hawkishness and low liquidity. Traders are watching regulatory updates, confirmed launch milestones and macro indicators like interest rates and risk appetite for potential volatility. While a successful lunar mission could boost Dogecoin adoption long term, immediate price impact remains muted.
Neutral
Musk’s tweet rekindles interest in the DOGE-1 mission but failed to move Dogecoin’s price amidst broader market weakness, Fed hawkishness and low liquidity. Short term, traders remain cautious and focus on regulatory news, launch milestones and macro factors. Long term, a successful moon mission could serve as a bullish catalyst for Dogecoin adoption, but immediate impact is muted, resulting in a neutral market view.