Moon

Mars

Elon Musk

Billionaire tech tycoon <a href="https://www.thestreet.com/crypto/markets/elon-musk-showers-love-on-bitcoin-again-after-a-long-hiatus" rel="noopener noreferrer nofollow">Elon Musk</a> wants to build a world outside Earth and now he wants a base on the moon.
As NASA broadcast the latest&nbsp;updates regarding the space agency's Moon Base on X on May 26, he jumped in and <a href="https://x.com/elonmusk/status/2059345041806553416" rel="noopener noreferrer nofollow">said</a>, "Time to build major base on the Moon!"
<a href="https://www.thestreet.com/crypto/markets/crypto-executive-joins-elon-musks-spacex-mission-to-mars" rel="noopener noreferrer nofollow">Related: SpaceX taps crypto exec for first-ever crewed Mars mission</a>
Musk earlier <a href="https://x.com/elonmusk/status/2059299542277697565" rel="noopener noreferrer nofollow">shared his views</a> on "self-growing civilizations" on the moon and Mars, saying it's important to secure the "long-term future of consciousness"&nbsp;on Earth and other heavenly bodies.
While Earth faces potential risks like a&nbsp;massive meteor or a global nuclear war, the choice between the Moon and Mars becomes crucial, he emphasized.
While it's&nbsp;faster to make a self-growing&nbsp;civilization on the Moon due to its close distance, it's susceptible to the earth's problems for the same reason. Conversely, it will take longer for Mars to become self-growing but it is safer from the earthy disasters due to its long distance, he argued.
<blockquote>
 "Both the Moon and Mars should have self-growing civilizations," Musk said. "Making this happen is the prime directive of SpaceX."
</blockquote>
The proclamation comes only days after SpaceX filed to go public in what is going to be the world's&nbsp;largest public offering in financial history.
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<h2 id="musk-s-comments-fail-to-move-markets">Musk's comments fail to move markets</h2>
Musk's comments, especially those referencing the moon, tend to affect the prices of cryptocurrencies because the phrase "to the moon" means a price rally in crypto lingo.
The tycoon has often <a href="https://www.thestreet.com/crypto/markets/elon-musk-showers-love-on-bitcoin-again-after-a-long-hiatus" rel="noopener noreferrer nofollow">spoken fondly</a> about cryptocurrencies like <a rel="noopener noreferrer nofollow">Bitcoin</a> (BTC) and <a href="https://www.thestreet.com/crypto/markets/elon-musk-says-its-time-for-dogecoin" rel="noopener noreferrer nofollow">meme coins</a> like <a href="https://thestreet.com/crypto/dogecoin" rel="noopener noreferrer nofollow">Dogecoin</a> (DOGE).
In fact, SpaceX's&nbsp;S-1 filing with the&nbsp;Securities and Exchange Commission (SEC) revealed that the space tech company holds&nbsp;18,712 Bitcoin on its balance sheet.
However, the latest comment didn't have any impact on the prices of these crypto assets.
Bitcoin was trading at&nbsp;$75,756.87 at press time, down 2% in the last 24 hours.
Dogecoin was exchanging hands at&nbsp;$0.1006, similarly down 2% in the last 24 hours.
<a href="https://www.thestreet.com/crypto/markets/elon-musk-says-its-time-for-dogecoin" rel="noopener noreferrer nofollow">Related: Elon Musk says it’s 'time' for Dogecoin as he revives old promise</a>

Elon Musk calls for major Moon base as SpaceX IPO looms

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