Elon Musk hinted of possible DOGE adoption for Satellite internet venture Starlink merch as we can see further in today’s latest Dogecoin news.
The Tesla CEO has not been shy about his interest n DOGE and now Elon Musk hinted at another collaboration with the satellite internet venture Starlink and possible DOGE adoption for merch. The business magnate responded with a wink emoji when the Twitter user proposed an idea of SpaceX merch store and Starlink accepted it as the biggest memecoin.
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Sharing the exchange on the micro-blogging website, DOGE’s co-founder billy Markus said he wants to buy a model rocket with dog money.
Starlink is the satellite network developed by SpaceX and it offers cost-efficient, high-speed broadband internet connections to remote locations. The developments come hours after Musk posted a reply with a few sweating droplets emoji to McDonald’s new teaser. Despite the common assumption of adding DOGE payments, the fast-food giant was directed to a Super Bowl advertisement featuring rapper Kanye West which was not what the DOGE community was expecting. However, DOGE did see a minor surge before stabilizing near $0.145.
Tesla announced enabling the purchase of selected items of merch using Dogecoin for the customers. The company mentioned that the users wanting to choose a meme coin option will have to have such a wallet to transfer funds using a QR code once connected. DOGE also raked in over 20% gains after the announcement and now Tesla’s plan on accepting DOGE was coming true after being revealed in December when he stated that the company is keen on exploring the crypto payment option.
The Billionaire said that DOGE is his favorite crypto but despite the repeated tweets abou the ecosystem’s development, it is not clear when Tesla could start accepting payments for its vehicles in dogecoin. One of Musk’s ventures SpaceX started accepting DOGE last year and now the “DOGE-1 Mission to the Moon” is expected to launch this quarter. The vice president of commercial sales Tom Ochinero noted that this project is expected to show the application of crypto beyond EArth orbit and set the foundation for “interplanetary commerce.”
Elon Musk at one point started accepting Bitcoin for his Tesla vehicles but quickly reversed the decision due to the environmental concerns about mining the largest cryptocurrency.
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