Rumor: Google invests in SpaceX to provide world of internet




Google would intend to invest in short-term SpaceX of known entrepreneur Elon Musk. Specific amounts have not yet been named, although the space company would be worth a cool 10 billion.

That says The Information Monday, which typically reports reliable news about Google. The site says based on several anonymous sources that the two companies will work together to provide the world with the internet.

Google and SpaceX would still work on the possible agreement. Any conditions and amounts The Information calls or not. However, there would be one source who claims that Google SpaceX recently had valued at $ 10 billion. An investment, where other companies to compete, would therefore be ‘huge’.

It is not strange that Google seems to seek rapprochement SpaceX. Both companies want places where there is no proper internet access, operate. Google has previously been balloons project Loon, while SpaceX plans recently unveiled for the establishment of worldwide internet with a large satellite network.

The satellites of SpaceX should be at a height of about 1200km in orbit around the Earth. This is considerably closer to the earth than conventional communications satellites, which are sometimes tens of thousands of kilometers above the earth. The shorter distance would yield a higher internet speed.

For its satellite project SpaceX put an office with 60 people on staff. The project needs to grow in the years up to 1000 employees. SpaceX says that it must also invest an amount of 10 billion dollars for the realization of the plans.

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