SpaceX Receives $50,000,000 New Financing
- Feed Type
- Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=def441d4-2f94-4341-bfca-a2e391df5adc&Preview=1 - Date
10/28/2010 - Company Name
SpaceX - Mailing Address
1 Rocket Rd. Hawthorne, CA 90250 - Company Description
Our company is based on the philosophy that simplicity, low-cost, and reliability can go hand in hand. By eliminating the traditional layers of management, internally, and sub-contractors, externally, we reduce our costs while speeding decision making and delivery. Likewise, by keeping the vast majority of manufacturing in house, we reduce our costs, keep tighter control of quality, and ensure a tight feedback loop between the design and manufacturing teams. And by focusing on simple, proven designs with a primary focus on reliability, we reduce the costs associated with complex systems operating at the margin. - Website
http://www.spacex.com - Transaction Type
Venture Equity - Transaction Amount
$50,000,000 - Transaction Round
Undisclosed - Proceeds Purposes
Proceeds purposes were not disclosed. SEC regulatory filing. - M&A Terms
- Venture Investor
Undisclosed
