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-07.07.25

Airborne-NextGen-07.08.25

AirborneUnlimited-07.09.25

Airborne-FlightTraining-07.10.25

AirborneUnlimited-07.11.25

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

ANN's Daily Aero-Term (07.12.25): Secondary Radar/Radar Beacon (ATCRBS)

Secondary Radar/Radar Beacon (ATCRBS) A radar system in which the object to be detected is fitted with cooperative equipment in the form of a radio receiver/transmitter (transponde>[...]

ANN's Daily Aero-Linx (07.12.25)

Aero Linx: Australian Society of Air Safety Investigators (ASASI) The Australian Society of Air Safety Investigators (ASASI) was formed in 1978 after an inaugural meeting held in M>[...]

ANN FAQ: Turn On Post Notifications

Make Sure You NEVER Miss A New Story From Aero-News Network Do you ever feel like you never see posts from a certain person or page on Facebook or Instagram? Here’s how you c>[...]

Classic Aero-TV: Of the Aeropup and its Pedigree

From 2023 (YouTube Edition): Barking up the Right Tree Australian-born, the Aeropup is a remarkably robust, fully-customizable, go-anywhere, two-seat, STOL/LSA aircraft. The machin>[...]

Airborne 07.07.25: Sully v Bedford, RAF Vandalism, Discovery Moving?

Also: New Amelia Search, B737 Flap Falls Off, SUN ‘n FUN Unveiling, F-16 Record Captain Sully Sullenberger, the pilot who saved 155 people by safely landing an A320 in the Hu>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

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