Google Co-founder Secretly Spent $100 Million on Flying Car Project: Report

Larry Page’s ventures—named Zee.Aero and Kitty Hawk—bet on electric motors that have seen new developments thanks to the electric car industry.
Google Co-founder Secretly Spent $100 Million on Flying Car Project: Report
Alphabet CEO Larry Page speaks at the Fortune Global Forum in San Francisco, Monday, Nov. 2, 2015. AP Photo/Jeff Chiu
Petr Svab
Updated:

Google co-founder Larry Page has been secretly funding two startup companies developing flying cars.

Page, himself worth just shy of $37 billion, has poured at least $100 million into one of the companies, Bloomberg Businessweek reported.

But he didn’t want to be publicly associated with the companies.

Flying cars have been a strong obsession of technology-oriented people for at least a century.

With the proliferation of cars and planes, dreamers have been predicting a combination of both—an affordable small plane, easy to take off, and easy to fly—and many have attempted to construct one.

But, so far, all have ultimately failed.

Petr Svab
Petr Svab
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Petr Svab is a reporter covering New York. Previously, he covered national topics including politics, economy, education, and law enforcement.
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