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SpaceX Settles Overtime Pay Class Action for $4 Million

L.A. Business Journal

SpaceX settled an overtime pay class action with 4,100 workers on Wednesday for $4 million.

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Silicon Beach Report May 15: SpaceX Settles Overtime Pay Class Action for $4 Million

L.A. Business Journal

SpaceX settles overtime pay class action for $4 million, Snap launches new camera lens ads, and hackers may have stolen unreleased Disney movie, Chief Executive Bob Iger tells staff.

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SpaceX Wins Two Air Force Missions

socalTECH

Hawthorne-based SpaceX has scored a new win today, this time, with the United States Air Force. According to SpaceX, it has been awarded two, Evolved Expendable Launch Vehicle (EELV)-class missions by the USAF, which will launch on the SpaceX Falcon in 2014 and 2015. READ MORE>>.

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SpaceX Nails World’s First Launch, Landing of Reused Rocket

L.A. Business Journal

SpaceX landed a used Falcon 9 first-stage rocket on a water barge in the Atlantic Ocean on Thursday — the world’s first flight and landing of a previously launched orbital-class rocket.

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Silicon Beach Report Aug. 22: Kobe Bryant Launches $100M Venture Capital Fund

L.A. Business Journal

Dodger announces second accelerator class, and SpaceX puts first vertical rocket landed on display in Hawthorne. Kobe Bryant launches $100 million venture capital fund, L.A.

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New Matter Donates 3D Printers To STEM Program

socalTECH

The Challenger Cener says its mission is to ignite a community of critical and creative thinkers through world-class programs, inclusive events and engaging exhibits, and also serves as a national memorial to the Space Shuttle Columbia and the crew of STS-107. New Matter is an operating company of technology incubator Idealab.

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Closing on $103M, MaC VC is changing the face of venture capital

TechCrunch LA

“We’re seeing these SpaceX and Tesla mafias spin out, entrepreneurs who have had best-in-class training at an Elon Musk company,” said Palank. “It’s a great talent pool, and LA has more computer science students graduating every year than Northern California.”