The X Prize Foundation announced today that no one is going to win the foundation's competition to send a spacecraft to the Moon. "Only five finalists remained in the Google-sponsored Lunar X Prize competition, and in order to win any grand prize money, the teams had to launch and complete their missions to the Moon before March 31st, 2018," reports The Verge. "But with only two months until the deadline, no team is ready to launch, so Google will keep the prize money instead." From the report: The Google Lunar X Prize was established in 2007 as a way to help lower the cost of getting to space. So far, only government agencies have landed on the lunar surface, with missions that have cost many millions and even billions of dollars. That's why the X Prize Foundation, which sets up global competitions, challenged teams with developing and launching robotic lunar landers using mostly private funding. The idea was to make them come up with creative methods for getting to the Moon on the cheap. Landing on the lunar surface was only part of the challenge. Teams had to travel up to 1,640 feet (500 meters) on the Moon too, as well as do live broadcasts. The first to fulfill all these requirements before the deadline would receive $20 million, while the second place team would get $5 million. Other smaller purses would be awarded to teams that did special tasks, such as completing an orbit around the Moon before landing. "As a result of this competition, we have sparked the conversation and changed expectations with regard to who can land on the Moon," the X Prize Foundation said in its statement. "Many now believe it's no longer the sole purview of a few government agencies, but now may be achieved by small teams of entrepreneurs, engineers, and innovators from around the world." A Google spokesperson also told CNBC that the company is "thrilled with the progress made by these teams over the last ten years."