Skip to content

Learn with Lawson Your Buisness News

Learn with Lawson Your Buisness News

  • Home
  • Privacy Policy
  • DMCA Policy
  • Terms and Conditions 
  • Contact Us
  1. Home
  2. /Latest
  3. /Elon Musk says Spacex will soon accept Dogecoin for merchandise – Starlink subscriptions can follow – Altcoins Bitcoin News

Elon Musk says Spacex will soon accept Dogecoin for merchandise – Starlink subscriptions can follow – Altcoins Bitcoin News

Latest / May 28, 2022 / DRPhillF / 0

Spacex and Tesla CEO Elon Musk says Dogecoin will soon be accepted into Spacex for merchandise, in the same way that Tesla accepts DOGE payments. Furthermore, Starlink subscriptions can also be paid with dogecoin “one day”.

Spacex will soon accept Dogecoin for merchandise

Dogecoin got a small boost on Friday when Tesla CEO Elon Musk announced via Twitter that Spacex would soon accept meme cryptocurrency. The Spacex chief tweeted: “Tesla merchandise can be purchased from DOGE, and soon Spacex products too.”

In addition, Musk said that Starlink subscriptions to Spacex may be paid “one day” with dogecoin. Starlink provides high-speed, low-latency broadband Internet to remote and rural areas around the world, its website describes.

After Musk tweeted about Spacex accepting digital currency, the price of the meme cryptocurrency skyrocketed. 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 quickly 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 does not currently accept any other cryptocurrencies. The company used to accept bitcoin for products but has stopped due to environmental concerns. Musk said in June of last year that Tesla would resume accepting BTC when miners could confirm 50% of their clean energy use. However, he still had to reconsider the matter.

Musk has always been supportive of Dogecoin. He is known in the crypto community as The Godfather. The Tesla CEO previously revealed that he owns Bitcoin, Ether, and Dogecoin. However, Spacex only owns Bitcoin. In April, Tesla’s balance sheet showed $1.26 billion in digital assets.

The head of SpaceX said in May that Dogecoin has potential as a currency while Bitcoin is more suitable as a store of value.

The CEO of Tesla and Spacex is currently trying to buy Twitter. However, the deal is currently on hold with pending account details that spam and fake accounts account for less than 5% of the social media platform’s users.

Tags in this story

doge, dogecoin, elon musk doge, elon musk dogecoin, spacex accept doge, spacex bitcoin, spacex crypto, spacex cryptocurrency, spacex doge, spacex dogecoin, starlink doge, starlink dogecoin

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

Kevin Helms

Kevin, an Austrian economics student, found Bitcoin in 2011 and has been a missionary ever since. His interests lie in Bitcoin security, open source systems, network effects, and the intersection between economics and cryptography.

photo credits: Shutterstock, Pixabay, Wikicommons

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 shall be liable, 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.

More popular news

In case you miss it yourself

Related

DRPhillF

Robinhood agrees to settle a customer claim for service interruptions for 2020 Next week on Wall Street: Stocks rally driven by Fed 'peak hawkish hopes'

Related posts

Jonathan Miller predicts the best time to buy

Jonathan Miller predicts the best time to buy

Celsius has repaid 143 million loans from DAI since July 1

Celsius has repaid 143 million loans from DAI since July 1

British Army accounts on YouTube and Twitter have been hacked

Over the weekend, while many were in the United States It was before the...

Hong Kong has got a great opportunity as China’s offshore financial center with new products and a deeper yuan pool in the expanded connectivity scheme

Hong Kong expanded its cross-border investment channel with Shanghai and Shenzhen with two new...

A survey concludes that as Korean employees return to the office, so does “gapjil” harassment in the workplace.

Nearly 30% of Korean office workers experienced some form of workplace harassment in the...

Amazon Best Sellers 115+ for the 4th of July Weekend, 2022

The big day has come - are you ready to get a store on...

Latest posts

Jonathan Miller predicts the best time to buy

Jonathan Miller predicts the best time to buy

USD/JPY tracks firmer returns of 136.00 LEZ during full markets, with focus on US Fed and NFP minutes

USD/JPY tracks firmer returns of 136.00 LEZ during full markets, with focus on US Fed and NFP minutes

Celsius has repaid 143 million loans from DAI since July 1

Celsius has repaid 143 million loans from DAI since July 1

Waste Sorting Robots Market Size Will Reach US$ 10,286 Million by 2030 Due to Rise of Solid Waste Worldwide Report from Acumen Research and Consulting

Acumen Research and ConsultingA recently published report by Acumen Research and Consulting titled “Waste...

British Army accounts on YouTube and Twitter have been hacked

Over the weekend, while many were in the United States It was before the...

Residual Fuels in Asia: Key Market Indicators for July 4-8

Singaporean marine fuel oil supply of 0.5%S was not expected to increase significantly during...

Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Categories

  • Latest
  • Economy
  • Personal Finance
  • Markets
  • Entrepreneurship

Copyright © 2022 Learn with Lawson

Search

Contact us