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SpaceX Seeks $750M In Debt Funding

socalTECH

Hawthorne, California-based SpaceX , the commercial space exploration firm run by Elon Musk, is looking to raised $750M in a leveraged loan offering, according to a report on Tuesday. The debt funding effort is apparently the company's first time it has attempted to tap into the institutional debt market. READ MORE>>.

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On Funding?—?The Denominator Effect

Both Sides of the Table

On Funding?—?The The Denominator Effect I recently wrote a post about funding for investors to think about having a diversified portfolio , which I called “shots on goal.” If you funded 30–40 deals perhaps just 1 or 2 would drive the lion’s shares of returns. Photo credit: Joshua Hoehne on Unsplash On Funding?—?The

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SpaceX Targets European Satellite Market

socalTECH

Hawthorne-based SpaceX , the commercial rocket firm headed by Elon Musk and backed by the Founders Fund and Draper Fisher Jurvetson, said today that it has inked a deal with Astrium to provide dedicated launch serviecs to the European institutional small satellite market. READ MORE>>.

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Max Q: A SpaceX spin-out sounds great

TechCrunch LA

NASA could get significantly more funding than it did in 2020 for its fiscal 2021 operating year, with the bulk of a proposed $3 billion increase earmarked for development of human landers to be used in the Artemis program. SpaceX launches online rocket rideshare booking tool. Trump administration asks for $3B NASA budget boost.

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Graze, Back By Wavemaker, Aims Robotic Mowers At Commercial Market

socalTECH

Santa Monica-based Graze , a new startup backed by Wavemaker Partners, said this morning that it has launched a new, robotic lawn mower targeted at the commercial market. Graze says it is using equity crowdfunding through SeedInvest for its funding efforts. READ MORE>>.

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The Changing Venture Landscape

Both Sides of the Table

With the enormous changes to our economies and financial markets?—?how how on Earth could the venture capital market stand still? One of the most common questions I’m asked by people intrigued by but also scared by venture capital and technology markets is some variant of, “Aren’t technology markets way overvalued?

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HTT Gets $1.2M Funding For Cleveland-Chicago Hyperloop Study

socalTECH

[link] Playa Vista-based Hyperloop Transportation Technologies (HTT), the startup founded by Dirk Ahlborn and Bibop Gresta which is one of a number in the LA area focused on bringing the Hyperloop technology to market, says it has received funding worth $1.2 READ MORE>>.

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