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SpaceX announces departure of Google executive from board

SpaceX confirmed on Friday that Donald Harrison, a veteran Google executive, has resigned from the company’s board of directors.

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Illustration AI-generated (Google Gemini). Not a photo: it does not show the people, places or events in this story. © plainwirenews.com.

Harrison has been with Google since 2005, currently serving as president of global partnerships and corporate development. According to a filing, his resignation was not related to any disputes concerning SpaceX’s operations, policies, or practices.

SpaceX expressed gratitude for Harrison’s contributions and years of service.

The announcement follows approximately five months after SpaceX’s initial public offering, which was the largest on record. Alphabet, Google’s parent company, has a significant relationship with SpaceX, having made an investment in 2015 when the company was valued at roughly $12 billion.

Alphabet is now SpaceX’s largest institutional investor, holding a stake valued at $74 billion as of Friday. SpaceX’s market capitalization currently stands at approximately $1.8 trillion.

Google is a major client of SpaceX, with an agreement to pay SpaceX’s AI division up to $920 million per month for computing resources from data centers near Memphis, Tennessee. The two companies recently collaborated on Project Suncatcher, launching Google AI chips into orbit.

“While Don is stepping down from the board, we remain deeply supportive of SpaceX’s mission and are excited to continue our long-standing partnership,” Google stated in an email.

Source

CNBCOriginal report ·

“SpaceX says Google exec Don Harrison has resigned from its board”

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