Space
Browse the latest news about Southern California's space and aerospace startups from dot.LA.

Elon Musk's SpaceX will build a spacecraft to bring astronauts to the moon in a deal with NASA that firmly places the Hawthorne-based startup as the nation's top space ally and solidifies the privatization of lunar travel.

The $2.9 billion contract could make SpaceX the first private company to send people to the moon.

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Elon Musk's SpaceX just secured another $314 million, bringing its most recent round to nearly $1.2 billion, according to paperwork filed on Wednesday.

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It is a great time to be a startup founder, with soaring valuations and investors tripping over themselves to get a piece of startups. As hot as the startup scene was last year, it has gotten even hotter this year, with a slew of megadeals pumping even more money into the biggest startups as they prepare to go public in the frenetic IPO market.

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