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Business

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




Spacex and Tesla CEO Elon Musk say that dogecoin will soon be accepted at Spacex for goods, 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 goods

Dogecoin received a small boost on Friday when Tesla CEO Elon Musk announced via Twitter that Spacex will soon accept the meme cryptocurrency for goods. The Spacex boss tweeted: “Tesla goods can be bought with DOGE, soon also Spacex goods.”[ads1];

In addition, Musk said that Spacex’s Starlink subscriptions can “one day” be paid with dogecoin. Starlink offers “High-speed, high-latency high-speed broadband Internet in remote and rural locations around the world,” the website describes.

After Musk’s tweet that Spacex accepted dogecoin, the price of the meme cryptocurrency increased. 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 soon lost most of its winnings and is currently trading at $ 0.081469.

Tesla began accepting dogecoin payments in January for some items, and the electric car company currently does not accept any other cryptocurrencies. The company used to accept bitcoin for products, but stopped due to environmental concerns. Musk said in June last year that Tesla will continue to accept BTC when miners can confirm 50% clean energy use. However, he has not yet taken up the subject again.

Musk has long been a supporter of dogecoin. He is known in the crypto community as the Dogefather. The Tesla boss previously revealed that he owns bitcoin, ether and dogecoin. However, Spacex only owns bitcoin. In April, Tesla’s balance sheet shows $ 1.26 billion in digital assets.

The Spacex boss said in May that dogecoin has potential as a currency while bitcoin is better suited as a value store.

The CEO of Tesla and Spacex is currently trying to buy Twitter. However, the agreement is currently put on hold pending details that support the calculation that spam and fake accounts represent less than 5% of users of the social media platform.

Tags in this story

Doge, dogecoin, elon musk doge, elon musk dogecoin, spacex accepts 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 may follow? Let us know in the comments section below.

Kevin Helms

An Austrian economics student, Kevin discovered Bitcoin in 2011 and has been an evangelist ever since. His interests lie in Bitcoin security, open source systems, network effects and the intersection of economics and cryptography.

Photo credit: Shutterstock, Pixabay, Wiki Commons

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 recommendation of products, services or companies. Bitcoin.com does not provide investment, tax, legal or accounting advice. Neither the Company nor the author is directly or indirectly liable for any damages or losses caused or alleged to have been caused by or in connection with the use of or reliance on the content, goods or services mentioned in this article.





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