Where Does Google Plan to Spend $4 Billion? - New York Times

Where Does Google Plan to Spend $4 Billion? - New York Times: "In all the speculation that followed the announcement from Google on Thursday that it planned to raise an additional $4 billion by selling stock, no one seemed to recall the space elevator.
The elevator - a fanciful alternative to rocket boosters to reach earth orbit - is one of the dozens of business ideas that have been considered by the company's wide-eyed founders, Sergey Brin and Larry Page. It also is one of the ideas that the company's chief executive, Eric E. Schmidt, has taken pride in keeping 'below the line.'"