ift.tt/eA8V8J Find: Google might pour money into SpaceX, really wants satellite Internet ift.tt/15oQ8r0 Google might pour money into SpaceX, really wants satellite Internet // Ars Technica The Information reported on Monday that, according to “several people familiar with the talks,” Google is considering investing in SpaceX to support its plan to deliver hundreds or thousands of micro satellites into a low (750 mile) orbit around the globe to serve Internet to rural and developing areas of the world. The Informations sources indicated that Google was in the “final stages” of investing in SpaceX and valued the company at “north of $10 billion.” SpaceX is apparently courting other investors as well. Ars has contacted both SpaceX and Google for comment and will update when we receive a response. Musk on Friday told a gathering in Seattle that SpaceXs new office in that city would be dedicated to this satellite Internet service. Musks announcement came just days after another competing satellite Internet company, OneWeb, announced its own investments from Richard Bransons Virgin Group as well as Qualcomm. Read 4 remaining paragraphs
Posted on: Tue, 20 Jan 2015 03:08:00 +0000
Trending Topics
Recently Viewed Topics
© 2015