SpaceX Confirms $1 Billion Funding Round with Google

Google and Fidelity are Investing a Collective $1 Billion in SpaceX, Elon Musk's Space Transportation Company. Combined, Google and Fidelity Now Own "Just Under 10%" of SpaceX, which has Already Taken on 4 Other Major Investors. The Information 1st Reported the Deal on Monday, Saying that, the Funding was Meant to Bolster the Development of SpaceX Satellites that Could be Used to Send Internet to Areas Where it Isn't Currently Accessible across the Globe. Spreading Internet Access has been an Ongoing Goal for Google so, this Investment Fits in Nicely with Other Projects that it's been Working on.




Info Source:

http://www.spacex.com/news/2015/01/20/financing-round