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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.

Next page: Learn about the other reasons Google wants to go to space.
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