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Elon Musk Revives 'Dogecoin To The Moon' With Hint For 2027

Elon Musk Revives ‘Dogecoin To The Moon’ With Hint For 2027

Jake Simmons
by Jake Simmons
Last Updated: February 4, 2026 6:00 am
·
Posted in Dogecoin
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Elon Musk on Tuesday reignited a long-running narrative linking Dogecoin to space exploration, telling a fan on X (that SpaceX “maybe next year” could send Dogecoin to the Moon — a phrase interpreted by many in the crypto community as a timeline for fulfilling the long-teased DOGE-1 lunar mission. The brief exchange with a supporter has lifted investor interest and triggered a modest price response in DOGE.

Dogecoin To The Moon, Literally?

Musk’s latest comment came in reply to a repost of his own old pledge that SpaceX would put a “literal Dogecoin on the literal Moon,” a promise dating back to 2021 and tied to the DOGE-1 lunar project. With “Maybe next year”, he signaled that the long-delayed mission might materialize as soon as 2027, reviving a narrative that has periodically surfaced over the past few years.

Maybe next year

— Elon Musk (@elonmusk) February 3, 2026

The DOGE-1 mission is a commercial cubesat funded entirely in Dogecoin, booked as a rideshare aboard a Falcon 9 rocket with the objective of reaching lunar orbit and collecting basic imagery and data, marking one of the first attempts to use cryptocurrency as the payment medium for a space mission.

Related Reading: Pundit Breaks Down Dogecoin ETFs And What It Means To Invest In Them

Originally announced in 2021, the launch has been postponed multiple times, and as of the latest filings and reporting, it remains on track for a launch window in the next year or so.

Such Rocket 😳🪭 https://t.co/OnK0vYmyG8 pic.twitter.com/otr48qALK9

— Dogecoin (@dogecoin) February 3, 2026


Market reaction to Musk’s retweet has been measurable but subdued compared with previous comment-driven pumps. Prices for DOGE rose roughly 4–5 percent on the day of the remark, with the token reclaiming the $0.10 mark. The gain slightly outpaced broader crypto markets on the session, positioning DOGE among the better performing large cap assets in the short term after the post.

Although Musk’s social influence on meme coins is well documented, the tone this time appeared more cautious. DOGE remains more than 77 percent below the 2024 high and orders of magnitude beneath its 2021 peak. Previous Musk-linked tweets have historically triggered more pronounced rallies, including sharp single-day surges when he first reignited interest in the space mission concept.

Related Reading: Here’s Why The Bitcoin, Dogecoin, And XRP Price Are Crashing This Week

Musk’s post also landed in an unfriendly tape. Since October, the market’s mood has shifted sharply risk-off, with many experts now treating the move as a bear-market regime rather than a routine pullback. Bitcoin has slid roughly 20% over the past two weeks alone, and DOGE has largely tracked the same drawdown, a backdrop that helps explain why the reaction to the tweet looked more like a brief headline bid than the kind of sustained momentum meme coins sometimes get in cleaner conditions.

The broader status of DOGE-1 remains that of a mission expected but not yet executed. Geometric Energy Corporation, the entity behind the payload, has partnered 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 prior schedules into 2027.

At press time, DOGE traded at $0.10832.

Dogecoin price chart
DOGE sweeps the Oct.10 low, 1-week chart | Source: DOGEUSDT on TradingView.com
Featured image created with DALL.E, chart from TradingView.com
Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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Jake Simmons

Jake Simmons

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Jake Simmons has been a Bitcoin enthusiast since 2016. Ever since he heard about Bitcoin, he has been studying the topic every day and trying to share his knowledge with others. His goal is to contribute to Bitcoin's financial revolution, which will replace the fiat money system. Besides BTC and crypto, Jake studied Business Informatics at a university. After graduation in 2017, he has been working in the blockchain and crypto sector. You can follow Jake on Twitter at @realJakeSimmons.

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