Elon Musk sends ‘let’s go to Space’ message hours after mid-term election results
He has worked at Google since 2005, and is the search giant’s president of global partnerships and corporate development. Google parent Alphabet maintains close ties with SpaceX, having invested in Elon Musk’s company in 2015, when it was valued at about $12 billion. Alphabet is now the largest institutional investor n SpaceX, with a stake worth $74 billion as of Friday’s close. SpaceX’s current market cap is about $1.8 trillion. Elon Musk responded with a single word ‘Interesting’, on Google buying more Spacex shares In January 2015, Google invested $900 million as part of a $1 billion funding round alongside Fidelity, backing Spacex’s ambitions in reusable rockets and satellite communications. Google is a key customer of Spacex, and has agreed to pay the company’s AI division up to $920 million a month for compute capacity from its data centers in the area around Memphis, Tennessee. Google-parent Alphabet ) recently expanded its Spacex stake by nearly 4 million additional shares, lifting the holding’s value to about $69 billion. Google’s parent company held approximately 555 million SpaceX shares at the end of September, up from 551.2 million three months earlier as per Reuters.
Elon Musk’s Spacex has announced the departure of its longtime Google executive Donald Harrison.
In an SEC filing the company said that Harrison has resigned from the rocket maker’s board of directors. SpaceX thanked Harrison for his “many contributions and his years of dedicated and outstanding service” to the company. In a statement on Harrison leaving Spacex board, Google said, “While Don is stepping down from the board, we remain deeply supportive of SpaceX’s mission and are excited to continue our long-standing partnership.
Harrison is an old-timer at Google. Google’s relationship with Spacex The announcement comes roughly five months after SpaceX went public in what has been the largest IPO on record. The companies also recently worked together to launch Google AI chips into orbit via Project Suncatcher.