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

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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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Report: SpaceX Raising $500M For Satellite Internet Efforts

socalTECH

Hawthorne-based SpaceX is in the midst of raising another $500M in funding, according to the WSJ, in a funding round to help it bring its constellation of Internet satellites to space. According to the report--citing "people familiar with the fundraising"--the new round values SpaceX at $30.5

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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. A report in August said SpaceX was raising $1.9 billion in new funding, at a valuation of $46 billion. READ MORE>>.

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Google Set To Invest $1 Billion Into SpaceX, Say Reports

socalTECH

Hawthorne-based rocketship developer SpaceX is close to getting $1 billion from Google , according to reports Monday, as Google seeks to get into the space business. Neither SpaceX nor Google have commented on the rumors, which were first reported by The Information. READ MORE>>.

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Who's In Southern California's Unicorn Club?

socalTECH

SpaceX, based in Hawthorne, California, is now worth between $12 billion and $15 billion, according to multiple reports. Rocket Lab (www.rocketlab.com) Rocket Lab is a developer of satellite launch vehicles, and just launched its first rocket into space. SpaceX (www.spacex.com). The space rocket maker is run by Elon Musk.

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

TechCrunch LA

Welcome back to Transportation Weekly; I’m your host Kirsten Korosec, senior transportation reporter at TechCrunch. This is where investigative reporting, enterprise pieces and analysis on transportation lives. The upshot: Uber was spending $20 million a month to develop self-driving technologies. Keep it coming.

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SpaceX Hires Bizdev VP

socalTECH

Hawthorne-based SpaceX , the space launch vehicle startup funded by PayPal founder Elon Musk, said Wednesday afternoon that it has hired on a new Vice President of Business Development. SpaceX said that Peckham will be responsible for development and expansion of SpaceX's customer base. READ MORE>>.

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