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Silicon Beach Report May 12: Elon Musk’s Boring Co. Begins Horizontal Digging in Hawthorne with Tunneling Machine.

L.A. Business Journal

begins horizontal digging in Hawthorne with tunneling machine, military could have low-cost launch market in five years with increased investment, and Social Reality rebrands as SRAX. Elon Musk’s Boring Co.

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SoCal Venture Capital Investments Total $497.8M In Q4

socalTECH

Southern California venture capital investments total $497.8M, according to the latest numbers from the MoneyTree Report by PricewaterhouseCoopers LLP and the National Venture Capital Association, which were released this evening, based on data from Thomson Reuters. in investments, followed by $182.7M in investments.

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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. The investment firm's General Partner is Jayson Kim. A report in August said SpaceX was raising $1.9 READ MORE>>.

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SpaceX Plants Long Term Roots In LA

socalTECH

It looks like Hawthorne-based SpaceX is confident it will keep its headquarters in Hawthorne for quite a long time--despite setting up a commercial launch facility in Texas this week--based on details on the recent sale of the company''s leased headquarters at 1 Rocket Road in Hawthorne--to a commercial real estate investment trust.

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Google's Investment In SpaceX Round Totals $900M

socalTECH

Mountain View-based Google confirmed in its quarterly earnings report this week that it was the biggest investor in the recent, $1 billion funding round for Hawthorne-based SpaceX. The investment gives Google and Fidelity combined a 10 percent ownership in SpaceX. READ MORE>>.

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SpaceX Set To Unveil New Launchpad At Vandenberg

socalTECH

Hawthorne-based SpaceX , the commercial spaceflight and rocket developer headed by tech mogul Elon Musk, is getting set today to break ground on a new launchpad at Vandenberg Air Force Base. SpaceX says it is investing $30M in a new launch pad at the base, north of Santa Barbara, as a place to launch its upcoming Falcon Heavy rocket.

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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. The investment reportedly values SpaceX at more than $10 billion. google spacex investment venture capital internet satellite constellation launch rocket mars aerospace'

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