What are Rapidly Reusable Rockets? Elon Musk tweet has people hunting for crypto link

'When you send Rapidly Reusable Rockets instead of Rapidly Expendable Rockets,' said a Twitter user sharing a meme


                            What are Rapidly Reusable Rockets? Elon Musk tweet has people hunting for crypto link
SpaceX owner and Tesla CEO Elon Musk arrives on the red carpet for the Axel Springer Award 2020 on December 01, 2020, in Berlin, Germany (Photo by Hannibal Hanschke-Pool/Getty Images)

On the company's second smallsat rideshare mission Transporter-2, SpaceX launched as many as 88 satellites on a Falcon 9 rocket on June 30 at the Cape Canaveral Space Force Station, after almost an hour's worth of a launch window made longer because of the weather. And along with it came a mysterious tweet from Elon Musk himself.

Musk's tweet on Wednesday read: "Rapidly Reusable Rockets, R R R," followed by a pirate ship flag emoji, which led Twitter users into a frenzy. This is because 'Rapidly Reusable Rockets', which is also trending as $RRR, seems to be a new cryptocurrency.

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This comes weeks after Musk was warned by hacktivist group Anonymous for controlling cryptocurrency. SpaceX was recently in the news competing with Jeff Bezos' Blue Origin, as the Amazon CEO stated that he will be joining the first crew to fly in a Blue Origin capsule, riding his own rocket into space on July 20.



 

What are Rapidly Reusable Rockets?

Although nothing has been confirmed so far, it is highly probable that Rapidly Reusable Rockets, or RRR, may refer to a form of cryptocurrency. According to a Reddit thread on Wednesday, June 30, $RRR is currently sitting at a $9k market cap and is on the rise. Because of the fantastic community and passion for Elon in the crypto sector, the token is rising at a rapid pace. "Holders are rewarded with this token, so the earlier you get in, the better," the thread elucidates.

The Tesla CEO, through his tweet, seems to have endorsed the new cryptocurrency. At the moment of writing of this article, there were 551 holders of RRR with total liquidity of $93,206.49. The total market cap rested at $211,432.62, according to Dextools. However, many people were confused about what Musk's tweet really meant. Was he referring to cryptos Pirate Chain (ARRR), or could it have been Red Rock Resorts (RRR)? Many others thought he was just talking about the reusable launch system of the Falcon 9. Here's what Twitter users had to say.

'Just launched and mooning!'

"Oh snap he tweeted about $RRR !!! Low MC - just launched and mooning!" said a tweet. "Send $DOGE using these things," suggested another. "It's only natural for @elonmusk to be a fan of @PirateChain $ARRR. After all, he is a space pirate," a third chimed in. "R R R mean $ERRROR!?", wondered another.



 



 



 



 

 

'RRRRRRR'

"Ok. This is funny," a tweet said, showing how Red Rock Resort's market worth increased through Wednesday. "When you send Rapidly Reusable Rockets instead of Rapidly Expendable Rockets," said another sharing a meme. "Rambunctiously Riding Rapidly Reusable Radical Radiant Rockets, RRRRRRR," said Billy Markus, aka Shibetoshi Nakamoto, creator of Dogecoin. "A "Rapidly Reusable Rockets, R R R " has landed at LZ-1. This is B1060’s 8th landing and the 89th successfully recovered Falcon 9 rocket for @SpaceX," another tweet said.



 



 



 



 

Disclaimer : This is based on sources and we have been unable to verify this information independently.