SpaceX's satellite service Starlink is acquiring Google Fiber for $22 billion, with plans to rename it Fiber X. This expansion aims to enhance Starlink’s fiber broadband capabilities, as stated by Michael Nicolls from SpaceX. Elon Musk mentioned this acquisition is part of a series of future deals. An unnamed broadband analyst suggested a shift in Google Fiber's focus from serving customers to enhancing Starlink's existing infrastructure. Google Fiber's CEO Dinni Jain will transition to board member at Starlink, with details on staff changes yet to be revealed. The deal awaits FTC review, and the closing date remains unspecified.
Starlink is excited to expand into fiber broadband, said Michael Nicolls, Director of the Starlink Network at SpaceX. Google Fiber has been an industry leader in innovation.
The acquisition appears to be a strategic competitive move, said an anonymous broadband analyst, suggesting Starlink may shift existing Google Fiber assets toward serving the satellite service.
Google Fiber has been a leader in broadband, providing high-speed internet to several cities and hundreds of thousands of people around the nation, said Dinni Jain.
Elon Musk described the acquisition as the first of several to come, in a message on his social network X.
Collection
[
|
...
]