Today : Oct 16, 2025
Technology
14 October 2025

Elon Musk Champions Bitcoin As SpaceX Starship Soars

SpaceX’s latest Starship launch and a major Dogecoin merger highlight Elon Musk’s growing influence across space, cryptocurrency, and Wall Street.

In a week brimming with cosmic ambition and cryptocurrency buzz, tech magnate Elon Musk has once again found himself at the center of global headlines. From championing Bitcoin’s energy-driven value to orchestrating a landmark SpaceX Starship launch and propelling Dogecoin toward Wall Street, Musk’s ventures are weaving together the worlds of finance, technology, and space exploration in ways that few could have imagined just a decade ago.

On October 13, 2025, SpaceX achieved a significant milestone with the successful launch of its 11th Starship rocket from the company’s Starbase facilities in Texas. The launch, which took place at 6:23 p.m. Central Time (October 14, 2025, 00:23 UTC), showcased not only the technical prowess of Musk’s team but also the relentless drive to push humanity further into the cosmos. According to Reuters, the mission involved the Starship upper stage stacked atop its Super Heavy booster, a configuration designed to ferry both cargo and, eventually, humans to destinations as ambitious as the Moon and Mars.

The Super Heavy booster executed a soft water landing in the Gulf of Mexico just seven minutes after liftoff—a critical test of the rocket’s landing engine configuration. Shortly after, the booster self-destructed as planned, a safety measure that underscores the experimental nature of these early flights. Meanwhile, the Starship stage soared into space, deploying a batch of mock Starlink satellites, briefly reigniting its engines in orbit, and testing a new set of heat shield tiles during its fiery re-entry. The mission culminated with a splashdown in the Indian Ocean, west of Australia, marking another step forward after a streak of testing failures earlier in the year.

Acting NASA Administrator Sean Duffy took to X (formerly Twitter) to hail the flight as "another major step toward landing Americans on the Moon’s south pole." The sentiment was echoed by SpaceX President Gwynne Shotwell, who, speaking at a conference in Paris last month, stated, "The upgraded prototype is really the vehicle that could take humans to the Moon and Mars. So that's really the one we want to get to." Shotwell projected that this next-generation Starship, outfitted with docking adapters and other hardware essential for orbital refueling, could fly by the end of 2025 or early 2026.

Orbital refueling—where two Starships dock in space to transfer hundreds of tons of super-cooled propellant—is a linchpin in Musk’s vision for long-duration missions. As Reuters explains, refueling is one of several remaining hurdles SpaceX must clear before it can deliver on its $3 billion-plus contract with NASA’s Artemis program. The Artemis initiative aims to return humans to the lunar surface by 2027, putting SpaceX at the heart of a new space race between the United States and China, the latter of which is targeting its own crewed Moon landing by 2030.

But while rockets were blazing trails overhead, Musk was also stirring up excitement in the digital asset world. On October 14, 2025, the billionaire broke his years-long silence on Bitcoin, offering a robust endorsement of the cryptocurrency’s foundational technology. In a heated thread debating the future of money amid the rise of artificial intelligence, Musk argued that Bitcoin’s Proof of Work (PoW) consensus mechanism solves a fundamental problem with traditional currencies: the ease with which governments can print fiat money.

"You can issue fiat currency, and every government in history has done so," Musk observed, according to DailyCoin. "But you can’t print energy." He went on to explain that Bitcoin’s reliance on real-world energy expenditure for mining makes it a superior store of value, insulated from the inflationary risks that plague fiat currencies. Energy, Musk insisted, cannot be faked—tying the scarcity and security of Bitcoin directly to tangible, verifiable costs.

This endorsement didn’t stop at Bitcoin. Musk also gave a nod to Dogecoin, the meme-inspired cryptocurrency that shares Bitcoin’s Proof of Work roots. In a lively exchange with the Dogecoin community, Musk’s comments were met with enthusiasm, especially as Dogecoin’s official commercial arm, the House Of Doge, announced a game-changing merger.

The House Of Doge, the corporate subsidiary of the non-profit Dogecoin Foundation, has entered into a $50 million reverse takeover deal with Brag House Holdings, a NASDAQ-approved digital media company. As DailyCoin reports, the merger is designed to expand the Dogecoin treasury and pave the way for a potential NASDAQ listing in 2026. If successful, this would mark the first time a meme coin has made its way directly onto Wall Street, a move that could have profound implications for institutional adoption of cryptocurrencies.

The newly merged entity plans to develop yield products in partnership with platforms like Robinhood and 21Shares, leveraging a treasury of over 837 million DOGE. The aim is to bridge the gap between the playful, community-driven ethos of meme coins and the regulated, high-stakes world of traditional finance. According to proponents, this could usher in a new era where digital assets are not just speculative vehicles but integral parts of mainstream investment portfolios.

Of course, such bold moves are not without their skeptics. Some financial analysts have questioned the volatility that could accompany Dogecoin’s entry into regulated markets, while others point to the need for robust oversight and clear regulatory frameworks. Meanwhile, the Starship program faces its own set of challenges. A panel of NASA safety advisers recently warned that slow progress on certain elements of the lunar lander design could delay the U.S. moon effort by years, underscoring the high stakes and technical complexity of Musk’s interplanetary ambitions.

Yet, for all the hurdles, Musk’s vision seems to be gaining momentum on multiple fronts. Starship, now the most powerful rocket ever launched and far larger than SpaceX’s workhorse Falcon 9, is not only central to lunar and Martian exploration but also vital for deploying heavier Starlink satellites. These satellites are key to SpaceX’s push for global mobile broadband, another piece of the puzzle in Musk’s sprawling technological empire.

As the world watches, the convergence of spaceflight, cryptocurrency, and digital finance under Musk’s leadership is reshaping expectations about what’s possible. Whether it’s the prospect of Americans returning to the Moon, Dogecoin making its Wall Street debut, or Bitcoin’s energy-based security model gaining new converts, the boundaries between science fiction and reality are blurring faster than ever.

One thing’s for certain: with Elon Musk at the helm, the next chapter in both space exploration and digital finance promises to be anything but dull.