SpaceX is now a $10 billion firm because of Google

SpaceX is now a $10 billion company thanks to Google

The rumors are true: SpaceX has simply secured a billion dollars value of funding from two new buyers, Google and Constancy. Consequently, each Google and Constancy personal about 10 % of the corporate and SpaceX itself is now value roughly $10 billion. The rationale behind the funding? Properly, past simply funding Elon Musk’s personal spaceflight missions, Google would even be investing in SpaceX’s newest endeavor: web satellites. The satellites are stated to be small, low-value and plentiful sufficient (Musk needs to deploy a complete of seven hundred) to supply reasonably priced and fiber-like quick web to everybody on Earth and, properly, even Mars. In fact, Google is itself enthusiastic about making the web accessible to distant elements of the globe — hey, the extra individuals utilizing Google, the higher — so the funding ought to convey good issues for each corporations.

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