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SpaceX's Elon Musk: No IPO, Our Goal Is A City On Mars

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If you''re looking at Hawthorne-based rocket firm SpaceX as the next big IPO in Southern California, you might have to look again. nasa rocket space spaceflight mars exit acquisition merger' The remarks, which were made at a conference in Tokyo, were first reported by Bloomberg. READ MORE>>.

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Southern California's Billion Dollar Startup Trio: SpaceX, Snapchat, Beats

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A recent analysis by the Wall Street Journal uncovers a surprising number of Southern California startups in the billion dollar valuation -- led by Hawthorne-based SpaceX , with a $4.8 billion dollar startups venture capital exit merger acquisition spacex snapchat beats' Think Silicon Valley has a lock on billion dollar startups?

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OSI Systems Acquires American Science and Engineering

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Hawthorne-base OSI Systems , which develops electronics systems for the homeland security, healthcare, and other markets, said this morning that it has acquired American Science and Engineering, Inc. (AS&E), OSI Systems said it will fund the acquisition from an existing, $450M credit facility. OSI said it would pay $37.00

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OSI Systems Buys American Science and Engineering For $269M

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Hawthorne-based OSI Systems , the developer of X-ray and other screening equipment for the homeland security, defense, aerospace, and healthcare industries, has acquired American Science and Engineering, Inc. , OSI said it gains additional, X-ray backscatter based inspection systems through the acquisition, which had been announced earlier.

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SpaceX Plans To Spin Off Starlink Via IPO

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Hawthorne-based SpaceX is planning to spin off its satellite launch arm, Starlink , via an IPO, according to Bloomberg. SpaceX has been launching a massive fleet of thousands of satellites into space to provide Internet access across the globe. event, according to Bloomberg.

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Report: SEC Probes Tweets By Elon Musk

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Musk--who is also head of Hawthorne-based SpaceX -- said earlier this week that he had "Funding secure" to take Tesla private at $420 per share. The Securities and Exchange Commission is looking into a series of tweets made by technology mogul Elon Musk earlier this week, where he said he was looking into taking Tesla private. READ MORE>>.

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OSI Systems Sells Off European AED Product Line

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Hawthorne-based OSI Systems said late Wednesday that it has sold off its German healthcare subsidiary, Metrax GmbH (Primedic), and its associated Automated External Defibrillator (AED) product line, in a deal worth $12.38M. OSI Systems had acquired Metrax in 2014 for approximately $7.94M (7.5M

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