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9 Innovative Startups To Watch For in 2024

Tech.Co

2023 hasn't been an easy year to be a startup. In fact, according to Crunchbase more than 212 startups closed their shutters in the third fiscal quarter alone – the highest number recorded in the firm's history. Yet, while many early-stage startups crumbled under the pressure, diamonds also emerged.

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Founded by former SpaceX engineers, First Resonance pitches tools to make things the SpaceX way

TechCrunch LA

After operating in stealth mode for about two years, First Resonance , a company founded by former SpaceX engineers, is finally showing the world their software toolkit designed to let manufacturers make things using the processes employed by their former boss.

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SpaceX alumni are helping build LA’s startup ecosystem

TechCrunch LA

Instead, several former SpaceX employees have launched a raft of new companies, capturing the imagination and dollars of some of the biggest names in venture capital. Perhaps the most successful SpaceX offshoot is Relativity Space , founded by Jordan Noone and Tim Ellis. “ It was a company in LA more than it was an LA company.”

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SpaceX Lands $850M, Now Worth $74 Billion

socalTECH

Hawthorne, California-based SpaceX has completed raising $850M in new funding, boosting the valuation of the company to an astounding $74 billion, according to CNBC. The funding--which has not been announced by SpaceX--apparently valued SpaceX at $419.99

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Southern California's Billion Dollar Startup Trio: SpaceX, Snapchat, Beats

socalTECH

Think Silicon Valley has a lock on billion dollar startups? A recent analysis by the Wall Street Journal uncovers a surprising number of Southern California startups in the billion dollar valuation -- led by Hawthorne-based SpaceX , with a $4.8 Along with SpaceX, Southern California includes Snapchat ($2.0 READ MORE>>.

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Elon Musk moved to Texas

TechCrunch LA

SpaceX and Tesla CEO Elon Musk said Tuesday that he has moved to Texas, confirming months of speculation that the billionaire would leave California, a state of which he has become increasingly critical. His other privately held company, SpaceX, is planning a launch site in Boca Chica, Texas.

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Report: SpaceX Planning Launches Every Two Weeks

socalTECH

Hawthorne, California-based SpaceX , the commercial rocket launch firm led by Elon Musk, is planning a torrid launch pace--hoping to send up rockets into space every two or three weeks-- according to Reuters.

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