Elon Musk revives old promise, says it's time for Dogecoin

Monday, Nov 3, 2025 7:13 pm ET1min read

Elon Musk has revived his interest in Dogecoin (DOGE), stating "it's time." The meme coin's price surged in 2021 after Musk tweeted that SpaceX would put a Dogecoin on the moon. The DOGE-1 mission, funded entirely in Dogecoin, is scheduled to launch in late 2025. Musk's fascination with Dogecoin has moved its market, with the coin reaching a market capitalization above $80 billion at its peak. Despite recent losses, DOGE remains up 13% year-to-date.

Elon Musk revives old promise, says it's time for Dogecoin