Report: Google in talks with Virgin Galactic

Google (GOOG, GOOGL) is said to be in talks with Virgin Galactic regarding a joint venture that would mutually benefit both companies, Sky News reports.

After it set out on its goal to get internet access to billions of people, Google is seeking to put hundreds of satellites into low-Earth orbit. Google sees the opportunity with Virgin Galactic as a means to obtain its vision.

In turn, the deal would consist of Google investing hundreds of millions of dollars into Virgin Galactic to develop its space tourism business. Google is also reported to want a small stake in the Virgin Galactic holding company.

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Comments (6)
  • stoj
    , contributor
    Comments (788) | Send Message
    13 Jun 2014, 03:11 AM Reply Like
  • Benjamin Frost
    , contributor
    Comments (1263) | Send Message
    Good to see that Google is making focused investments, and not pouring its money into pie-in-the-sky hobbies.


    13 Jun 2014, 05:22 AM Reply Like
  • jpbald
    , contributor
    Comments (37) | Send Message
    Guess making money on everything on the planet is not enough, must make money off the planet too.
    13 Jun 2014, 06:18 AM Reply Like
  • 27623613
    , contributor
    Comment (1) | Send Message
    LOL change management planes trains automobiles. Adaptation to your normal applied science have taken market leaders like GOOGLE and VIRGIN on an obvious spin for the better. Now I know just map it out and GOOGLE and VIRGIN shall take you there. This is the ultimate service orientated technology only internet people can understand, so I thought.
    13 Jun 2014, 06:30 AM Reply Like
  • Schooner1996
    , contributor
    Comments (11) | Send Message
    14 Jun 2014, 02:28 AM Reply Like
  • Blue22
    , contributor
    Comments (449) | Send Message
    Don't seem to care much about their small investors do they?
    1 Jul 2014, 03:25 AM Reply Like
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