The company said that this will confirm “the applicability of the cryptocurrency beyond the earth’s orbit.”
Geometric Energy Corporation announced the dogecoin-funded mission on Sunday, without disclosing its financial cost.
“We are excited to launch the DOGE-1 Mission to the Moon,” SpaceX vice president of commercial sales Tom Ochinero said, according to a statement from Geometric Energy.
“This mission will demonstrate the applicability of cryptocurrency beyond Earth’s orbit and lay the foundation for interplanetary trade,” he added.
Musk tweeted in April that SpaceX would put “a literal dogecoin on a literal moon.”
On Sunday, dogecoin lost more than a third of its value when Musk called it a “rogue” while appearing on the comedy television program Saturday Night Live.
Musk’s tweets earlier this year turned the once little-known cryptocurrency into a speculator’s dream. The electric car company Tesla, of which Musk is the chief executive, said in February that it had bought $ 1.5 billion worth of bitcoins and would soon accept them as payment for its electric vehicles.