It has been showed that Google and Fidelity are making an investment a complete of $1 billion into Elon Musk’s area transportation corporate, SpaceX. This funding provides each Google and Fidelity slightly below 10% possession of SpaceX, that is worth over $10 billion.
Google needs to use SpaceX satellites to ship internet to the ones spaces that experience both no or bad get right of entry to. This may just duvet up to 3 billion other folks. These satellites won't best supply internet get entry to, but in addition at so much quicker speeds.
The dangerous information is that it might take up to 5 years for this to move are living. The value of the challenge can be $10 billion, and in accordance to Musk, this funding may well be sufficient to get the first satellites off the floor.
Come remark in this article: Google and Fidelity invest in SpaceX to spread the internet globally