Dogecoin (DOGE) Gets Elon Musk’s Nod as a Payment Option for Tesla and SpaceX Merchandise

Tesla Merchandise can now be purchased using the meme-coin with the use of Dogecoin as a payment option for SpaceX merch to be integrated soon. Elon Musk”s announcement on the Dogecoin integration as a means of payment can be seen in the tweet below:

Mr. Musk’s announcement of Dogecoin integration as a payment option for Tesla and SpaceX merchandise was met with excitement by the crypto and DOGE communities.

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Some DOGE community members asked Elon Musk whether Dogecoin will soon be accepted as a payment option for Tesla vehicles and even Starlink subscriptions. Below are some samples in response to Elon’s announcement on Dogecoin payment for Tesla and SpaceX merchandise.

“Do you think Tesla will ever accept doge to buy cars? – by @greg16676935420

Thank you DogeFather – by @itsALLrisky

Currently down 100% on Dogecoin but I still think it’s the future of finance – by @its_menieb

This made your day, $DOGE fam – by @Jay_OKX (CEO of OKX Crypto exchange)”

Elon Musk Increases his Twitter Commitment to $33.5 Billion

Earlier this week, Elon Musk increased his commitment to purchase Twitter to $33.5 billion. As stated by CNBC, Elon Musk is in talks with Twitter founder and former CEO Jack Dorsey and others to help finance and complete the deal.

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In a May 24th letter to investors, Elon Musk expressed his commitment to completing the deal by stating the following:

This letter agreement confirms the commitment of the Equity Investor, subject to the conditions set forth herein, to, directly or indirectly, contribute to or otherwise provide equity capital to Parent at or immediately before the Closing (or cause an assignee to do the same) in an aggregate amount equal to $33,500,000,000 (such commitment, the “Aggregate Equity Commitment”), or such lesser amount as is necessary to fully discharge, when taken together with the aggregate proceeds of the Debt Financing (or, if applicable, Alternative Financing) funded at Closing…