Billionaire Elon Musk’s SpaceX company will launch a fully paid satellite to the moon next year with cryptocurrency Dogecoin, the Canadian company Geometric Energy Corporation, to lead the lunar mission announced on Sunday.

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The Calgary-based company said in a statement on Sunday, the satellite named DOGE-1 will be launched in the first quarter of 2022 on a SpaceX Falcon-9 rocket.

The satellite, cube in size and weighing 40 kilograms, “will aim to obtain lunar spatial information using on-board sensors and cameras,” she said.

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Without specifying the amount of the “DOGE-1 Mission to the Moon” transaction, the Geometric Energy Corporation said “it will be the very first commercial lunar payload in history paid in full with Dogecoin.”

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“We are delighted to launch DOGE-1 on the Moon!” Said Tom Ochiniero, vice president of commercial sales for SpaceX. “The mission will demonstrate the application of cryptocurrency beyond Earth’s orbit and lay the foundation for interplanetary trade.”

The announcement comes in the wake of Elon Musk’s stint on the American satirical comedy show SNL (Saturday Night Live), in which Tesla and SpaceX’s eccentric boss praised Dogcoin, which was originally made as a joke, which he said Had helped to legitimize his tweet. .

Elon Musk, the great believer in cryptocurrencies, described, enthusiastically, as “ahead of the moon” in a sketch of Dogcoin on Saturday evening called “an unstoppable financial vehicle that will conquer the world”.