In a bizarre event, a cryptocurrency with the same name as SpaceX's satellite range "Starlink" jumped over 140% as Elon Musk's space technology company launched 53 of them into the Earth's lower orbit. Watch Falcon 9 launch 53 Starlink satellites to orbit → https://t.co/bJFjLCzWdK https://t.co/dgHuF6SIZ4 — SpaceX (@SpaceX) November 13, 2021 Written as StarLink (STARL), the little-known crypto rallied 13.70% on Nov. 13 — the day of the satellite launch, another 69% a day after it, and by up to 27% on Nov. 15. The massive upside move brought STARL's net returns on investment by a little over 140% in …

Canada-based manufacturing and logistics firm Geometric Energy Corporation will be launching a Dogecoin-funded payload on one of SpaceX’s first rockets to the moon. In a Sunday announcement from Geometric Energy Corporation, the company said its commercial satellite could be traveling to the moon as early as the first quarter of 2022 aboard the SpaceX Falcon 9 launch vehicle. Weighing 40 kilograms — roughly 88 pounds — the payload is designed to “obtain lunar-spatial intelligence from sensors and cameras on-board with integrated communications and computational systems.” "Having officially transacted with DOGE for a deal of this magnitude, Geometric Energy Corporation and …

Updated 1:09 AM UTC: At the time of publication, SpaceX had not ruled out making one last attempt to launch the Starship SN10. It completed a successful launch and landing, but the Starship exploded shortly thereafter. Heavily pumped by Elon Musk’s tweets, Dogecoin may be the first cryptocurrency to literally reach the moon following an aborted launch of a SpaceX ship. The aerospace company attempted to launch its Starship SN10 vehicle today from SpaceX’s facility in Boca Chica, Texas. The final version of the spacecraft will reportedly be capable of reaching the moon after refueling in Earth orbit, but the …

Reports are coming in this morning that trading app Robinhood has suspended buying for GameStop stock and others after GME's price surged in a Bitcoin-like parabolic rally. Unless you've been living under a rock, you'll know that average Redditors proved their investing power going up against major Wall Street traders short-selling GameStop stock. Largely fueled by small-time investors pushing back against large hedge funds, the price of the stock has risen more than 1,400% from roughly $20 on Jan. 12 to $358 at time of publication. Purportedly in response to the unprecedented trading action that has been threatening hedge funds …