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SpaceX Raises $1 Billion From Google, Fidelity

socalTECH

Hawthorne, California-based SpaceX , the Los Angeles area commercial rocket and spacecraft developer led by Elon Musk, announced Tuesday afternoon that it has raised a billion dollars in a financing round. SpaceX said the deal gives Google and Fidelity just under 10 percent ownership of the company. READ MORE>>.

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Who's In Southern California's Unicorn Club?

socalTECH

A look at the companies who are private, backed by venture capital, and are valued at more than $1 billion across Southern California -- from San Diego to Los Angeles to Santa Barbara -- is an interesting contrast in the wide range of types of technology companies across the region. SpaceX (www.spacex.com). Razer (www.razerzone.com).