SpaceX has gone where most startups never have: To space. And it looks like Google may well want in on the excitement.
According to a report this morning from The Information (subscription required), Google is close to putting a substantial investment into Elon Musk’s rocket company at a valuation above $10 billion. The report cited several people close to the talks as its source.
“The purpose of a deal, which is still in the works,” The Information wrote, “is to support the development of SpaceX satellites that could beam low-cost Internet around the globe to billions who don’t have it.”
That plan jibes with a concept Musk unveiled on Friday: plans to deploy satellites that could connect millions of people around the world with a low-cost Internet.
Source:
http://venturebeat.com/2015/01/19/google-said-in-talks-to-invest-in-spacex-at-10bn-valuation/
