Elon Musk's Boring Company To Allow Users To Pay For Rides On Loop Using Dogecoin

Elon Musk's Boring Company To Allow Users To Pay For Rides On Loop Using Dogecoin

KEY POINTS

  • The Boring Company plans to accept Dogecoin for its services
  • Elon Musk stated that he will support Dogecoin 'wherever possible'
  • Musk also plans to allow Tesla and SpaceX to accept DOGE for merchandise sales

Elon Musk's Boring Company will allow users of Loop, its Las Vegas transit system, to pay via Dogecoin (DOGE) for their rides, bringing another use case for the biggest meme coin in the crypto market. 

According to a CNN Business report Wednesday, the new payment method surfaced Friday as The Boring Company opened its first Loop station outside the Las Vegas Convention Center. Loop passengers travel to their destination in Tesla vehicles that are driven by humans.

Elon Musk, the richest man in the world and one of the biggest supporters of Dogecoin (DOGE), tweeted in response to the CNN Business article being shared all over the internet saying that he will support the meme coin "wherever possible."