At least a dozen teams are racing to win Google Inc.’s $20 million prize for getting to the moon. They are likely to spend more than seven times that amount, betting the boost to their moon ventures will be worth even more.
Google’s Lunar XPrize will go to the first privately funded team to land on the moon, then travel 500 meters and beam high-definition video back to Earth. Detecting water earns a bonus $4 million.
