Are Richard Branson and Google Teaming For Space Travel? According to reports, Google is mulling a stake in Richard Branson's Virgin Galactic, a deal in which the tech giant would have to pony up $30 million in exchange for access to pioneering space-travel technology.

By Geoff Weiss

entrepreneur daily

Opinions expressed by Entrepreneur contributors are their own.

Google is in the throes of its very own Space Age.

In addition to dropping billions on satellites and snapping up companies that could eventually help it spread wireless connectivity throughout the globe, a new report alleges that the tech giant is in advanced talks with Richard Branson's space tourism venture, Virgin Galactic.

The rumored deal would give Google a $30 million stake in Virgin Galactic, reports Sky News -- representing a 1.5 percent share. Additionally, a joint venture between the two companies would be formed, according to the report, "folding in the technology" Virgin Galactic has developed and which Google could potentially use to deploy low-orbiting satellites of its own.

While Branson's galactic flights are inching closer towards takeoff -- having recently received FAA clearance -- an endorsement by tech-giant Google would be immensely "reputationally valuable," according to Sky News.

Google and Virgin have teamed up once before for an intergalactic voyage -- albeit for an April Fool's Joke in 2008. That initiative, fittingly dubbed Virgle, sought to create "the first permanent human colony on Mars," and invited the browsing masses to become space pioneers.

Related: Google Unveils New Tool for Businesses to Manage Their Online Presence

Geoff Weiss

Former Staff Writer

Geoff Weiss is a former staff writer at Entrepreneur.com.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

Related Topics

Devices

Get a 15-inch MacBook Pro for Less Than $375

Save on this refurbished MacBook Pro for a limited time.

Business News

2024 Could Be the Year that Makes or Breaks a Lot of Small Businesses, According to a New Report

About a third of small business owners indicated on a Slack survey that they aren't sure if their businesses will survive the year.

Productivity

SMART Goals May Be Holding You Back — Try This Effective Goal-Setting Technique Instead

Everyone suggests SMART goals, but this framework is flawed. Learn why and how to create goals properly — ones that you can actually achieve.

Business News

I Tried 3 AI Headshot Generators and There Was a Clear Winner

Aragon AI, Momo, and FastShot AI all generate headshots using AI, but which one actually works for LinkedIn?

Business News

Red Lobster Changed Its 'Endless Shrimp' Promotion After Losing $11 Million in One Quarter — Now It's Hauling Out Another All-You-Can-Eat Deal

The restaurant chain reported a record $12.5 million operating loss in the fourth quarter of 2023.

Marketing

Enhance Your Website's Visibility and Dominate Your Competition With These Powerful Techniques

Mastering backlinks and content intent is key to ranking higher on search engines. Our guide can help you learn the right techniques and strategies for improving your backlinks and content quality.