He has invested in Tesla and Kitty Hawk

In 2010, Larry Page and autonomous vehicle pioneer Sebastian Thrun launched Kitty Hawk to pursue one of their passions: the construction of an electric flying car. Zee.Aero received more than $100 million in funding from Page to support its efforts to create a flying automobile prototype that can take off and land vertically. Elon Musk's pitch of the electric vehicle concept to him and Sergey when Tesla was just getting started sparked his interest in the company as well. Despite the problems in the automobiles, both Brin and Page invested in the business. According to reports, Larry spent $40 million in Tesla in 2006.


According to reports, he has been investing in the Silicon Valley rival businesses Zee.Aero and Kitty Hawk. Zee.Aero was founded in 2010 and is developing a small, all-electric plane with vertical takeoff and landing capabilities—basically a flying automobile. Its plans for a flying automobile were revealed in a patent from 2011, and according to Bloomberg, the company is now seeking a "simpler, more conventional-looking design." Given that Google's headquarters were right next door, there was a lot of conjecture that the company was connected, although Zee.Aero vehemently disputed the charges.


However, it has since been revealed that Zee.Aero does not belong to Google or its holding company, Alphabet. Instead, it belongs to Larry Page, Google's co-founder. Mr Page has demanded that his involvement stay hidden from the public, according to 10 people with intimate knowledge of the company. In 2015 a second competing flying-car startup called Kitty Hawk, also began operations in its headquarters close to Google's.

Source: ca.finance.yahoo.com
Source: ca.finance.yahoo.com
Source: volan.ro
Source: volan.ro

Toplist Joint Stock Company
Address: 3rd floor, Viet Tower Building, No. 01 Thai Ha Street, Trung Liet Ward, Dong Da District, Hanoi City, Vietnam
Phone: +84369132468 - Tax code: 0108747679
Social network license number 370/GP-BTTTT issued by the Ministry of Information and Communications on September 9, 2019
Privacy Policy