Google executive Donald Harrison resigns from SpaceX board
SpaceX said the resignation was not due to any disagreement, as Alphabet remains its largest institutional investor with a $74 billion stake.
- SpaceX announced on Friday that longtime Google executive Donald Harrison has resigned from the rocket maker's board of directors. SpaceX stated in a regulatory filing that the departure was not due to any disagreement regarding operations or practices.
- This transition occurs roughly five months after The Elon Musk-led company went public in the largest IPO on record. Alphabet maintains close ties with SpaceX, having invested when it was valued at about $12 billion.
- Harrison, who leads Global Partnerships and Corporate Development at Google, received praise for his "many contributions and his years of dedicated and outstanding service." Google emailed it remains "deeply supportive of SpaceX's mission."
- Alphabet remains the largest institutional investor in SpaceX, with a stake worth $74 billion as of Friday's close. LSEG data shows the company recently increased its position to about 555 million shares.
- Beyond board representation, the companies recently collaborated to launch Google AI chips into orbit via Project Suncatcher. Google agreed to pay the SpaceX AI division up to $920 million monthly for compute capacity in Memphis, Tennessee.
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Reformatorisch Dagblad
SpaceX board member Donald Harrison is stepping down from the board of Elon Musk's rocket, satellite, and AI company after more than ten years. Harrison informed SpaceX on November 4 that he intended to resign, a day after the US midterm elections. This follows from a document filed by SpaceX.
NEW YORK (ANP/BLOOMBERG) - SpaceX board member Donald Harrison is stepping down from the board of Elon Musk's rocket, satellite, and AI company after more than ten years. Harrison informed SpaceX on November 4 that he wanted to resign, a day after the US midterm elections. This follows from a docu...
Donald Harrison Resigns From SpaceX Board After 11 Years
California, United States, 7 November – Brussels Morning Newspaper – Google executive Donald Harrison has stepped down from the board of Elon Musk’s SpaceX after more than a decade, marking a significant change in the relationship between the aerospace company …
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