Google is reportedly in talks with #virgin galactic for a multi-million dollar joint venture and an equity stake in the business, according to Sky News.
The Chocolate Factory is planning to sink its cash into a project with the space tourism biz that will use Virgin Galactic tech in its plans to put hundreds of satellites into low-Earth orbit so that it can offer internet access around the world.
As part of the deal, it will also take an equity stake in Virgin Galactic’s business of around 1.5 per cent, according to a person close to Google. The company said it wasn’t commenting on the rumour.
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