Elon’s ‘DOGE-1 To The Moon’ As An Escape From Regulatory Penalties.
SpaceX CEO could face charges of market manipulation upon successful regulation of crypto.
Less than 24 hours after Elon Musk hosted the Saturday Night Live on NBC, SpaceX confirmed a deal with the Geometric Energy Corporation (GEC) that was fully funded with an undisclosed amount in Dogecoin.
The deal was for Elon’s SpaceX to help launch a 40-kg cube satellite on the moon by the first quarter of 2022, according to CNBC.
Although this mission could be named in one of a trillion ways, the “Imperator of Mars” — as Elon calls himself on his Twitter bio — dubbed it DOGE-1 for some uncanny reasons.
One of the reasons he chose the name was to shield himself from possible regulatory penalties in the future.
“Regulatory penalties for what?” You may ask.
What did Elon do wrong?
On April 15th, Elon published a tweet that most of his 53.6 million followers construed as financial advice.
