in SpaceX to support its plan to deliver hundreds or thousands of micro satellites into a low (750 mile) orbit around the globe to serve Internet to rural and developing areas of the world. The Information's sources indicated that Google was in the “final stages” of investing in SpaceX and valued the company at “north of $10 billion.” SpaceX is apparently courting other investors as well.
Elon Musk indeed has a Google-sponsored card up his sleeve.