Is SpaceX considering a dogecoin payment option?
The eagle-eyed user found the name of the cryptocurrency in the source code of the SpaceX merchandise store. However, Mishaboar, a prominent voice within the dogecoin community, noted that SpaceX uses Shopify as an e-commerce solution.
As reported by U.Today, the Canadian tech champion added cryptocurrency payments for merchants in May 2020. This may explain why dogecoin appeared in the source code. The recent reveal comes after Tesla CEO Elon Musk hinted that both SpaceX and his satellite internet company Starlink were working to accept the meme cryptocurrency.
Electric car maker Tesla allowed its customers to purchase merchandise with dogecoin in January. The payment option was discovered as a “hidden feature” on the company’s official website a few days before the official announcement. Tesla is not accepting cryptocurrencies for vehicles after abandoning bitcoin last May due to its negative environmental impact.
SpaceX was Elon Musk’s first company to accept dogecoin, but it was a one-time payment for a yet-to-be-launched lunar payload called the “DOGE-1 Mission to the Moon”. While the aerospace manufacturer could easily accept dogecoin payments with the help of Shopify, it remains to be seen whether it will have a custom implementation.
According to data from CoinMarketCap, dogecoin has a market capitalization of $ 19.5 billion, making it the 11th largest cryptocurrency overall. Musk would claim that he personally owns bitcoin, ethereum, and of course his favorite meme coin on top of Tesla and SpaceX shares.