Report: Google Closing in on SpaceX Investment | WIRED


Google may be in the final stages of investing in Elon Musk’s private space exploration company SpaceX, a move that would bolster SpaceX’s emerging satellite business and would help Google expand internet access around the world.

According to The Information, which cited anonymous sources familiar with the talks, the deal would value SpaceX at more than $10 billion, though the exact terms of the investment are still unclear. But at an event in Seattle last week where SpaceX founder and CEO Elon Musk first announced the new satellite venture, Musk gave some indication as to the epic scope of the project that lies ahead. He seeks to create a network of hundreds of satellites that could not only connect people on Earth to the web, but also people on Mars—if and when people get there. The total cost of such an audacious project? $10 billion.

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One thought on “Report: Google Closing in on SpaceX Investment | WIRED

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