Google Could Be Investing Billions Into SpaceX [Rumor]

While Google might be known for their search, Android, email services, and so on, the company has expanded into other fields such as the development of wearables and robots. Now thanks to a recent report released by The Information, it seems that Google’s interest in space is slowly starting to grow.

The report claims that Google is on the verge of investing in SpaceX, which for those unfamiliar is a privately funded company which is led by Elon Musk, the CEO of Tesla that is looking into the possibility of space travel. However instead of investing into space travel, Google’s investment is said to be towards SpaceX’s satellites.

As you guys have heard, Google is working on Project Loon which is a way for Google to bring low-cost internet to places in the world where internet is hard to reach or does not exist at all. Their investment in SpaceX could help advance their progress and if the report is to be believed, Google could be spending as much as $10 billion investing into the program.

Google’s interest in space and Project Loon have come up in the past. Just last december we had heard that Google would be working with French space agency CNES to pool resources and research to help the development of their program, so their investment in SpaceX does not seem like that much of a stretch.

Tyler Lee
Categories: General, Rumors
Tags: Google, spacex