Google Executive Don Harrison Resigns From SpaceX Board as Alphabet Holds $74 Billion Stake
Updated
Updated · CNBC · Nov 6
Google Executive Don Harrison Resigns From SpaceX Board as Alphabet Holds $74 Billion Stake
3 articles · Updated · CNBC · Nov 6
Summary
SpaceX disclosed Friday that Donald Harrison, Google's president of global partnerships and corporate development, has stepped down from its board after years of service.
A regulatory filing said Harrison's exit was not tied to any disagreement over SpaceX's operations, policies or practices, and Google said it remains deeply supportive of the company.
Alphabet's ties to SpaceX remain extensive: it is the rocket maker's largest institutional investor with a stake worth $74 billion, and Google is also a major customer.
The resignation comes about five months after SpaceX's record IPO, with the company now valued at roughly $1.8 trillion and still collaborating with Google on projects including Project Suncatcher.