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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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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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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. READ MORE>>.

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SpaceX Lands $314M More In Funding, Says Report

socalTECH

Hawthorne-based SpaceX has raised $314.2M in new funding, according to a report from CNBC Thursday, which said part, if not all, of that investment came from the Ontario Teachers' Pension Plan. Privately held SpaceX rarely announces investment details on its funding. READ MORE>>.

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SpaceX Seeking New Funding

socalTECH

Hawthorne, California-based SpaceX is seeking yet another massive round of investment, according to a report, which would value the company at between $60 billion to $92 billion. The report--from Business Insider--cited "three people who are familiar with the deal." The size of the round was unknown.

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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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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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