Elon Musk: “A new space race has begun”

Tesla CEO claims ‘new space race has begun’ as Bitmex plans to take Bitcoin ‘to the moon’ before Dogecoin

The Bitmex exchange announced its plans to send the top cryptocurrency Bitcoin (BTC) to the moon ahead of Dogecoin (DOGE), prompting a swift response from the CEO of Tesla Inc.

, Elon Musk.

What happened
Musk, who claimed he plans to put Dogecoin on the moon, shared on Twitter that a new space race has begun.

Speaking about the executive’s plans to send the meme cryptocurrency into space, Bitmex said that while he has no problem with Dog Money, he thinks it’s right to help Bitcoin “get there first.”

The new space race has begun!

— Elon Musk (@ELONMUSK) June 6, 2021

Astrobotic Technology Inc., a space robotics company backed by a cryptocurrency exchange, will mint a one-of-a-kind physical bitcoin and send it to the moon, Bitmex noted Friday. Astrobotic will send its first commercial lander to the moon in the fourth quarter of this year.

The physical bitcoin will contain one BTC at a publicly disclosed address, complete with a tamper-proof hologram. It will also show Bitmex’s name, task name, minting date, and the price of bitcoin at the time of minting.

because it matters
Musk announced in May that his space exploration company SpaceX would “launch a Doge-1 satellite to the moon next year,” a mission that would be paid for in Dogecoins.

Meanwhile, SpaceX launched an Ethereum (ETH) node to the International Space Station last week.

SpaceChain, a company that provides blockchain escrow services, confirmed last Thursday that its blockchain-enabled payload has been launched into space on a SpaceX Falcon 9 rocket from NASA’s Kennedy Space Center and will later be installed on the International Space Station.

price fluctuation​
The Apex cryptocurrency is up 0.9% over the past 24 hours, trading at $36,699.50 at the last check. For its part, Dogecoin is up 0.23% in the past 24 hours, trading at $0.3744 at the last consultation.​

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