Google-SpaceX Rumoured Deal to Bring Free
Internet to the World
Internet giant Google and the futuristic tech firm
SpaceX are rumoured to cooperate on providing free internet to the whole
humanity.
MOSCOW, January 20
(Sputnik) — Google is about to invest $1 bln in Elon Musk’s
private space exploration enterprise SpaceX to bring his goal
of global satellite-borne wireless Internet to the world, according
to reports.
Google will purchase a stake
in SpaceX, whose market valuation exceeds $10 bln. SpaceX is rapidly
growing and has many different branches, including rocketry development and
manufacturing, satellite tech development, space transportation and flight
operations. Google has not yet commented on which sectors it would invest
into.
Google’s interest
in this particular SpaceX project is obvious. Spreading a free WiFi access
to all over the world will provide a major boost to commercial
revenues and overall valuation of most Internet, telecom and tech
companies, primarily in the US, but also in other developed
nations and, to a lesser extent, in the third world.
© AP PHOTO/ JOHN RAOUX
Led by the eccentric
billionaire Tesla Motors Chief Exec Elon Musk, SpaceX has been drawing a pot
of public attention recently, as the company is struggling
to implement futuristic and bleeding-edge tech in regular life
of Terrans. One of such projects is an ambitious initiative
to provide Internet to the most remote and/or closed societies
of the world. Stratosphere balloons and solar-powered drones are other
adjacent SpaceX’ initiatives.
Neither Google, nor SpaceX
have yet confirmed the rumoured deal.
Speculation of the
up and coming collaboration between Google and SpaceX first appeared
in several tech blogs, including the Information.
Last week Elon Musk said
SpaceX is “creating a global communications system that would be larger
than anything that has been talked about to date,” and probably this
is the dimension Google will be participating in.
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