SpaceX, the space transport services company founded by billionaire entrepreneur Elon Musk, has raised $1 billion in funding from Google and Fidelity Investments. Together, they will together own almost 10 percent of SpaceX. Musk last November confirmed that SpaceX was developing advanced micro-satellites operating in large formations and would make an announcement in two to three months. He said in an interview last week that he planned to extend Internet access not only to all points on Earth, but also — eventually — all the way to Mars.
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Google Buys In on Musk's Space Internet Plans
Posted by: Richard Adhikari January 21, 2015 07:03 AMSpaceX, the space transport services company founded by billionaire entrepreneur Elon Musk, has raised $1 billion in funding from Google and Fidelity Investments. Together, they will together own almost 10 percent of SpaceX. Musk last November confirmed that SpaceX was developing advanced micro-satellites operating in large formations and would make an announcement in two to three months. He said in an interview last week that he planned to extend Internet access not only to all points on Earth, but also — eventually — all the way to Mars.