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

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

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On Funding?—?The Denominator Effect

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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. Focus a lot on the denominator. to start their next company.

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SpaceX Buys Swarm Technologies

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Los Angeles-based rocket and spacecraft developer SpaceX has acquired Swarm Technologies, a developer of "smallsat" (small satellite) technology. Swarm had raised about $25M in total funding. Financial terms of the buy were not announced, and no details of the acquisition were announced. Swarm has a network of 120.

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SpaceX Gets Satellite Contract

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Hawthorne-based Space Exploration Technologies , the commercial rocket firm headed by Elon Musk, said late Wednesday that it has signed a deal with Israeli satellite firm Space Communications Ltd. , SpaceX said the launch will insert the satellite into a geosynchronous transfer orbit. READ MORE>>.

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SpaceX Announces Second Satellite Launch Deal

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In the second satellite launch deal announced today, Hawthorne-based Space Exploration Technologies (SpaceX) and ORBCOMM said that SpaceX will carry two new satellites to orbit this year. The two said that SpaceX will launch two, ORBCOMM satellites into geosynchronous orbit, used for data communications. READ MORE>>.

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SpaceX Sets Satellite Launches

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Hawthorne-based Space Exploration Technologies , the commercial rocket firm of Elon Musk, has set the schedule for two upcoming satellite launches, the company announced this morning. SpaceX said that it will launch two satellites for Asia Satellite Telecommunications Company Limited (AsiaSat) in 2014, from Cape Canaveral.

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Vector Challenges SpaceX With $21M In Funding For Satellite Launch Systems

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Vector , a developer of micro-satellite launch systems and rocket technology whose founders came from SpaceX, said on Thursday that it has raised $21‌M in a Series A funding. The funding was led by Sequoia Capital, and also included Shasta Ventures and Lightspeed.

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