In 2010, Google co-founders Larry Page and Sergey Brin established X as their company’s most innovative wing, dedicated to “moonshot thinking.”
As defined, X would:
Seeking out tech breakthroughs that could “redefine humanity” seems like a tall enough task, but in today’s world, X increasingly requires another: a clearer path to profitability.
As parent company Alphabet slims down its ranks — nearing 180k employees, down from 190.7k last year — X, AKA The Moonshot Factory, is now also feeling the pinch. Per Bloomberg:
To be clear: the end goal for X projects has always been independence as strong, self-sustaining businesses.
But as cost-cutting efforts intensify across the company, the runway for developing these speculative bets solely on Alphabet’s dime is shortening.
X’s website shows four active projects, which will face, at minimum, a reduction in support staff:
OK, but: as cool as all those sound, X will never be our favorite innovation lab — not when there’s one by Domino’s and Microsoft that’s focused on creating “the next generation of pizza ordering.”