Elon Musk on Tuesday reignited a long-running story linking Dogecoin to space exploration, telling a fan on
Dogecoin to the moon, literally?
Musk’s latest comment came in response to a repost of his own old promise that SpaceX would put a “literal Dogecoin on the literal moon,” a promise dating back to 2021 and tied to the DOGE-1 moon project. With ‘Maybe next year’ he indicated that the long-delayed mission could become a reality as early as 2027, breathing new life into a story that has surfaced regularly in recent years.
Maybe next year
— Elon Musk (@elonmusk) February 3, 2026
The DOGE-1 mission is a commercial cubesat funded entirely with Dogecoin and billed as a ride aboard a Falcon 9 rocket with the aim of reaching lunar orbit and collecting basic images and data. This marks one of the first attempts to use cryptocurrency as a payment medium for a space mission.
Originally announced in 2021, the launch has been postponed multiple times, and according to the latest documents and reporting, it remains on track for a launch window in the next year or so.
What a rocket 😳🪭 https://t.co/OnK0vYmyG8 pic.twitter.com/otr48qALK9
— Dogecoin (@dogecoin) February 3, 2026
The market’s reaction to Musk’s retweet was measurable, but muted compared to previous comment-based pumps. Prices for DOGE rose about 4 to 5 percent on the day of the comment, with the token regaining the $0.10 mark. Gains slightly outpaced broader crypto markets during the session, making DOGE among the better-performing large-cap assets in the short term after the post.
While Musk’s social influence on meme coins has been well documented, the tone seemed more cautious this time around. DOGE remains more than 77 percent below its 2024 peak and orders of magnitude below its 2021 peak. Previous tweets linked to Musk have historically led to more pronounced rallies, including sharp single-day increases when he first reignited interest in the space mission concept.
Musk’s post also ended up in an unfriendly tape. Since October, the market mood has changed dramatically, with many experts now viewing this move as a bear market regime rather than a routine pullback. In the past two weeks alone, Bitcoin is down about 20%, and DOGE has largely followed the same decline, a backdrop that helps explain why the response to the tweet looked more like a short headline bid than the kind of sustained momentum meme coins that sometimes occur in cleaner conditions.
The broader status of DOGE-1 remains that of an expected but not yet executed mission. Geometric Energy Corporation, the entity behind the payload, is working with SpaceX to book the flight, and the satellite is designed to demonstrate blockchain technology beyond low Earth orbit. The exact timeline for launch is still evolving, and Musk’s prompt “maybe next year” implicitly extends previous schedules to 2027.
At the time of writing, DOGE was trading at $0.10832.
Featured image created with DALL.E, chart from TradingView.com
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