Google, Fidelity Make $1 Billion Investment In SpaceX | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Most Recent Daily Episodes

Episode Date

Airborne-Monday

Airborne-Tuesday

 Airborne-Wednesday Airborne-Thursday

Airborne-Friday

Airborne On YouTube

Airborne-Unlimited-05.19.25

Airborne-NextGen-05.20.25

AirborneUnlimited-05.21.25

Airborne-AffordableFlyers-05.22.25

AirborneUnlimited-05.23.25

Thu, Jan 22, 2015

Google, Fidelity Make $1 Billion Investment In SpaceX

Brings Value Of The Company To Over $10 Billion

SpaceX has confirmed that it has received substantial investments from two companies in its most recent financing round.

In a notice posted on its website, SpaceX reported that it has raised a billion dollars in a financing round with two new investors, Google and Fidelity. They join existing investors Founders Fund, Draper Fisher Jurvetson, Valor Equity Partners and Capricorn. Google and Fidelity will collectively own just under 10% of the company.

SpaceX said in the notice that the funding will be used to support continued innovation in the areas of space transport, reusability, and satellite manufacturing.

It has been widely reported that SpaceX is looking to create a constellation of small satellites that would deliver high-speed Internet service to all areas of the world, and Google has been interested in investing in such a scheme for several years.

With the investment, the value of SpaceX is estimated to be about $10 billion.

FMI: www.spacex.com

Advertisement

More News

Oshkosh Memories: An Aero-News Stringer Perspective

From 2021: The Inside Skinny On What Being An ANN Oshkosh Stringer Is All About By ANN Senior Stringer Extraordinare, Gene Yarbrough The annual gathering at Oshkosh is a right of p>[...]

NTSB Prelim: Piper PA32RT

Video Showed That During The Takeoff, The Nose Baggage Door Was Open On May 10, 2025, about 0935 eastern daylight time, a Piper PA-32RT-300, N30689, was destroyed when it was invol>[...]

ANN FAQ: Follow Us On Instagram!

Get The Latest in Aviation News NOW on Instagram Are you on Instagram yet? It's been around for a few years, quietly picking up traction mostly thanks to everybody's new obsession >[...]

Aero-News: Quote of the Day (05.28.25)

"I think what is key, we have offered a bonus to air traffic controllers who are eligible to retire. We are going to pay them a 20% bonus on their salary to stay longer. Don't reti>[...]

ANN's Daily Aero-Term (05.28.25): Pilot Briefing

Aero Linx: Pilot Briefing The gathering, translation, interpretation, and summarization of weather and aeronautical information into a form usable by the pilot or flight supervisor>[...]

blog comments powered by Disqus



Change Display

Headlines Only | Headlines w/ Teasers | View Everything

Advertisement

Top Videos

Airborne 05.30.25: Anti-Helicopter Bill, PW Strike Done, All-Electric Bristell

Airborne 05.29.25: ATC Bonu$, VX4 eVTOL Flies, Starship 9 Test

Airborne-NextGen 05.28.25: SpaceX Tries Again, Electra Blown Wing, Solar Record

See All

Advertisement

Podcasts

Advertisement

© 2007 - 2025 Web Development & Design by Pauli Systems, LC