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Google Executive Don Harrison Resigns from SpaceX Board of Directors
Key points
- Don Harrison, Google executive, resigned from SpaceX's board.
- SpaceX stated no disagreements led to the resignation.
- Google remains a significant investor and partner of SpaceX.
- Alphabet is SpaceX's largest institutional investor.
Board Resignation Announced
SpaceX announced on Friday that Donald Harrison, a long-serving Google executive, has stepped down from its board of directors. Harrison has been with Google since 2005, currently holding the position of president of global partnerships and corporate development.
No Disagreements Cited
In a regulatory filing, SpaceX clarified that Harrison's decision to resign was not a result of any disagreement concerning the company's operations, policies, or practices. SpaceX expressed gratitude for his contributions and service during his tenure on the board.
Continued Google-SpaceX Ties
This announcement follows approximately five months after SpaceX's record-setting IPO. Google's parent company, Alphabet, maintains strong connections with SpaceX, having invested in the company in 2015 when its valuation was around $12 billion. Alphabet is currently the largest institutional investor in SpaceX, with a stake valued at $74 billion as of Friday's market close, while SpaceX's market capitalization is approximately $1.8 trillion.
Ongoing Partnership and Collaboration
Google is a significant customer of SpaceX. The companies have an agreement for Google to pay SpaceX's AI division up to $920 million monthly for compute capacity from data centers near Memphis, Tennessee. Additionally, they recently collaborated on Project Suncatcher, which involved launching Google AI chips into orbit. Google reiterated its support for SpaceX's mission and its commitment to their long-standing partnership despite Harrison's departure from the board.
✨ This summary was generated by AI from the outlets' reporting listed below. It is not independently verified and may contain errors — check the original sources. How BrevFeed works →
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Reporting from
Donald Harrison, Google's president of global partnerships and corporate development, has resigned from the SpaceX board of directors. SpaceX stated his resignation was not due to disagreements with the company, and Google affirmed its continued partnership and support for SpaceX.