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Elon Musk Eyes New Satellite Venture

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Elon Musk , the technology mogul behind SpaceX and Tesla Motors , is gearing up to develop a new startup, to launch its own constellation of satellites to deliver Internet access. According to the WSJ, the Musk is working with the founder of WorldVu Satellites Ltd. No other details of the venture have been revealed yet.

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SpaceX Lands Contract For Commercial Moon Mission

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Hawthorne-based SpaceX , the commercial rocket firm run by Elon Musk, has landed a contract to deliver a payload to the moon. According to a Pittsburgh-based aerospace startup, Astrobotic Technology , it has signed a contract with SpaceX to deliver a robotic payload to the moon on the SpaceX Falcon 9. READ MORE>>.

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Who's In Southern California's Unicorn Club?

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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. SpaceX, based in Hawthorne, California, is now worth between $12 billion and $15 billion, according to multiple reports. SpaceX (www.spacex.com).