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Hyperloop Transportation Technologies Inks Deal In Slovak Republic

socalTECH

Hyperloop Transportation Technologies (HTT) is led by Dirk Ahlborn, and was originally funded by crowdfunding site JumpStarter. HTT said the deal will make it the first company to work on plans for a Hyperloop system in Europe. READ MORE>>.

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Report: SpaceX Raising New Funding At Near $10 Billion Valuation

socalTECH

A new report this morning says that Hawthorne-based spaceship and rocket developer Space Exploration Technologies is in the midst of raising a new round of investment, which values the company at around $10 billion. Amount of funding, and the investors involved, have not been disclosed. The report came from TechCrunch.

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SpaceX Gets Investment From Legendary Ventures

socalTECH

Hawthorne, California-based rocket and spacecraft developer SpaceX has just closed a Series N funding round, according to investor Legendary Ventures, which invested in the round. billion in new funding, at a valuation of $46 billion. The investment firm's General Partner is Jayson Kim. READ MORE>>.

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SpaceX Gets $75M From NASA

socalTECH

Hawthorne-based Space Exploration Technologies (SpaceX), the commercial rocket firm run by tech mogul Elon Musk, has scored $75M from NASA as part of NASA's Commercial Crew Development (CCDev2) effort, NASA said Monday.

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Who's In Southern California's Unicorn Club?

socalTECH

The list of technology startups in Southern California who are "unicorns"--valued at more than $1 billion--surprisingly, might not be who you think, and in the sectors you might expect. and no, there aren't any entertainment-technology companies anywhere in sight). SpaceX (www.spacex.com). The company's founders are veterans of SpaceX.

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Transportation Weekly: Uber’s spending habits, Tesla Model Y, scooters and AVs in Austin

TechCrunch LA

This week we’ll focus on the city of Austin, gain insight into Uber’s spending habits, do a little scooter number crunching, the Tesla Model Y, and the so-called “race” — an overused and inaccurate term — to develop autonomous vehicles. ONM … There are OEMs in the automotive world. Cymbal clash!)

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SpaceX Names President

socalTECH

Hawthorne-based Space Exploration Technologies (SpaceX), the commercial spaceflight startup headed by ex-PayPal founder Elon Musk, has named a new president the firm said this week. The firm is venture backed by The Founders Fund and Elon Musk. SpaceX said that Gwynne Shotwell has been named as President, reporting to Musk.

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