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Toyota invests in Japanese space company.
During his CES press conference today, Toyota Chairman Akio Toyoda said the company was “exploring rockets.” Indeed, Toyota had just announced that it had invested an undisclosed sum in Interstellar Technologies, a private Japanese spaceflight company, with the aim to leverage Toyota’s manufacturing prowess to mass produce rockets.
At the end of the event, Toyoda cracked that “the future of mobility shouldn’t be limited to just Earth, or just one car company” — a possible dig at Tesla CEO Elon Musk’s ownership of SpaceX.
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