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Microsoft, Elon Musk's SpaceX tie up to woo space customers

Credit: REUTERS/Brian Snyder

Microsoft Corp is partnering with billionaire entrepreneur Elon Musk-led SpaceX and others as it targets space customers, the software giant said on Tuesday.

Changes sourcing, adds background

Oct 20 (Reuters) - Microsoft Corp MSFT.O is partnering with billionaire entrepreneur Elon Musk-led SpaceX and others as it targets space customers, the software giant said on Tuesday.

The partnership with SpaceX Starlink will provide high-speed satellite broadband for Microsoft's cloud computing data centers, the company said in a blog post.

Cloud companies have seen a surge in demand this year as more businesses use their services for switching to work from home due to the COVID-19 pandemic.

SpaceX, known for its reusable rockets and astronaut capsules, is ramping up satellite production for Starlink, a growing constellation of hundreds of internet-beaming satellites that Musk hopes will generate enough revenue to help fund SpaceX's interplanetary goals.

Earlier this month, SpaceX won a $149 million contract to build missile-tracking satellites for the Pentagon, its first government contract to build satellites.

(Reporting by Akanksha Rana in Bengaluru; Editing by Shailesh Kuber and Rashmi Aich)

((akanksha.rana@thomsonreuters.com; ; Twitter: @AkankshaRanaa;))

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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