SpaceX announced the resignation of Donald Harrison, a long-serving Google executive, from its board of directors. Harrison, who has been with Google since 2005 and serves as the president of global partnerships and corporate development, stepped down without any reported disagreements regarding SpaceX's operations. The company expressed gratitude for his contributions during his tenure.
This change comes shortly after SpaceX's record-breaking IPO, which valued the company at approximately $1.8 trillion. Google, through its parent company Alphabet, is the largest institutional investor in SpaceX, holding a stake valued at $74 billion.
Additionally, Google has a significant business relationship with SpaceX, agreeing to pay up to $920 million monthly for AI compute capacity and collaborating on projects like launching Google AI chips into orbit. Despite Harrison's departure, Google reaffirmed its commitment to SpaceX's mission and their ongoing partnership