Elon Sparks the Doge Fire Again 🔥 — “It’s Time” for DOGE to Run 🚀
Musk again seems interested in Dogecoin (DOGE), saying it's “time.” “It’s time.” SpaceX and Tesla CEO wrote on X on Nov. 3. In response, DogeDesigner wrote: “No Highs, No Lows, Only DOGE” and uploaded a picture of Musk's April 2021 X post: “SpaceX is going to put a literal Dogecoin on the literal moon.”
The comment instantly brought up thoughts of SpaceX's DOGE-1 mission, which was highly touted in 2021 as a symbolic and technological first for crypto in space. Musk's May 9–10, 2021 tweets and publicity campaign made Dogecoin a mainstream cultural and commercial phenomena.
This last nudge proved different. DOGE fell with the crypto market on Nov. 4. Bitcoin and Ethereum were red, highlighting the risk-off environment that dampened the “Musk effect.”
Market circumstances explain non-reaction. Bitcoin fell 2–3% in 24 hours and most cryptocurrencies fell more in November after a tough October. As markets assimilate Federal Reserve hawkishness and a weak risk tone, liquidations and dwindling momentum add to the burden. Even Musk's meme-coded tweet couldn't overcome risk aversion.
Key points from original sources are clear. The May 9, 2021 GEC press release stated, “DOGE-1 Mission to the Moon—the first-ever commercial lunar payload in history paid entirely with DOGE—will launch aboard a SpaceX Falcon 9 rocket,” and SpaceX's VP of Commercial Sales Tom Ochinero stated, “This mission will demonstrate the application of cryptocurrency beyond Earth orbit and set the foundation for On X, Musk repeated: “Mission paid for in Doge — 1st crypto in space — 1st meme in space.”
As of 2025, DOGE-1 has not launched, having missed its Q1 2022 deadline. According to reliable mission trackers, the spacecraft is “not launched,” “expected in 2025,” and travels on the Falcon 9.
