Google and Fidelity invest $1 bln into SpaceX

SpaceX, a maker of rockets and spacecraft, has raised $1 billion in funding, the company confirmed in a post on its site. The investors were Google and Fidelity. As a result of their investment, Google and Fidelity will both own “just under 10 percent” of SpaceX. SpaceX is also backed by Founders Fund, Draper Fisher Jurvetson, Valor Equity Partners and Capricorn.To read the announcement, visit here.