Only four months following the inclusion of Dogecoin as a payment measure for buying merchandises by Tesla, Elon Musk revealed his plan to roll out the similar update for his space exploration firm, SpaceX. 

Specifically, Musk, the current Head of SpaceX and Tesla, has reportedly been perceived as a pro-DOGE individual since the roll-out of DOGE ecosystem three years ago, and has since publicly expressed his interest in including the memecoin in the list of viable payment options throughout his multibillion-dollar establishments.

Historically, the Twitter posts from Musk to support DOGE have created an instant and positive effect for the price action of the coin, with investors looking to capitalise from the hype. 

Nonetheless, the recent disclosure regarding SpaceX’s initiative to include DOGE payments for merchandise created no major impact on the price when the crypto market is showing signs of a bear run.

In December las year, DOGE’s price experienced a 25% surge following Musk’s confirmation of Tesla including DOGE in the list of payment instruments for merchandise purchases. 

Along with similar timelines, the entrepreneur reportedly shared his belief regarding DOGE’s ability to become a day-to-day payment option with more superior features compared to Bitcoin (BTC).

Should all go according to the pre-set plan, Musk might eventually begin to offer facilitating features for DOGE-enabled payments for Starlink subscriptions. 

Musk recently issued a public warning against an ongoing scam wherein attackers have been found to use deepfake technology to impersonate the entrepreneur and promote fabricated crypto-shilling videos.