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SpaceX to build its massive BFR in Los Angeles

TechCrunch LA

The mayor of Los Angeles confirmed earlier reports that SpaceX will build its largest rocket, the BFR, at the Port of Los Angeles. SpaceX says the BFR is simply too big to be transported by roads. Announced last September SpaceX intends for the reusable BFR to eventually replace its Falcon 9 and Falcon 9 Heavy rockets. .

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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 The investment firm's General Partner is Jayson Kim. READ MORE>>.

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SpaceX Wins Missile Tracking Contract

socalTECH

Hawthorne, California-based SpaceX has received a new, $149M contract to help develop new, missile tracking satellites for the U.S. SpaceX is reportedly looking to use the same base platform as it has been for Starlink for the satellite tracking. The award was through the Pentagon's Space Development Agency.

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SpaceX Employee, Healthcare Contractor Both Test Positive For COVID-19

socalTECH

An employee of Hawthorne-based SpaceX , as well as an on-site health care provider at the SpaceX headquarters, have tested positive for COVID-19 , sending a number of employees into quarantine, according to a report from CNBC. Accordnig to CNBC, SpaceX is asking the employees it sent home to remain in quarantine for 14 days.

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SpaceX Moving Some Starship Prototyping To Texas

socalTECH

Hawthorne-based SpaceX is reportedly getting set to move some parts of the prototyping of its big, Mars-bound passenger rocket--the Starship (formerly known as the BFR)--to Texas, according to reports on Wednesday. READ MORE>>.

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

socalTECH

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. The report came from TechCrunch. Amount of funding, and the investors involved, have not been disclosed.

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