Elon Musk is very near to completing his promise for the Dogecoin community by the end of this year.
Elon Musk is the CEO of Tesla & owner of some big tech companies. He loves Dogecoin (Doge) over other cryptocurrencies. In 2021, Musk promised that his space rocket company SpaceX will launch the Doge-1 satellite to the moon and all the funding for that space mission program will be in Dogecoin.
If we say precisely about the Doge-1 satellite, then in May 2021 Geometric Energy Corporation (GEC) and SpaceX said that they will launch the mission with the SpaceX Falcon 9 rocket as a vehicle share in the Nova-C/IM-1 mission, a joint mission between Intuitive Machines and NASA.
After May, GEC failed to talk about the Doge-1 satellite but if they remain fully focused on the initial plan then there are chances that they will launch the Doge-1 satellite between 15 to 20 November of this year.
The main purpose of the Doge-1 satellite will be to revolve around the moon’s orbit and collect important lunar-spatial data.
Initially, the Tesla CEO planned to launch the Doge-1 satellite by Q1 2022 but delayed it because of SpaceX’s Nova-C mission.
Dogecoin price action
However, neither Elon Musk nor SpaceX officially passed any statement about the Doge-1 satellite in recent days but some reports about the doge-1 satellite acted as a catalyst for the Dogecoin trade price.
The current trade price of Doge is $0.074 & this trade price is 0.41% high than the last 24 hours’ trade price.
Here it will be interesting to see whether Dogecoin lover Musk will respond to these circulating Doge-1 satellite news or will ignore it, as he is already in a big legal hurdle because of a lawsuit over his influence in the crypto sector.