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Google is investing a billion dollars in space travel

Google is investing a billion dollars in space travel
Asif Islam / Shutterstock.com

It looks like Google's ambitions are literally out of this world. The company just invested a lot of money in Elon Musk's SpaceX company so that Google can eventually provide Internet connections all over the globe using satellites in space.

The move could help Google achieve its aim of bringing satellite Internet to remote corners of the world while giving SpaceX more money for its founder to pursue dreams of going to Mars.

Google and Fidelity Investments invested a total of $1 billion in SpaceX and now own a 10% stake in the company.

While making the Internet more accessible using satellites is a major goal for Google, it's not the only reason the company wants to go to space.

Google is also interested in sending its own satellites to space to capture images for Google Earth. Right now, Google has to purchase all of its Google Earth images from other satellite owners.

Google may also be interested in developing satellites with other kinds of sensors, like infrared detectors that show the health of crops, or lasers that can pierce forest canopies to show underlying terrain.

Partnering with SpaceX sounds like a good way to make Google's dreams come true. The company has revolutionized the rocket industry by making cheaper rockets that are still reliable. SpaceX already has contracts with NASA and plans to send people to Mars in 10 years.

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