Tesla’s Pitch to the Public: “Fund our DOE Debt”

Electric car maker Tesla Motors filed to raise $100 million from public market investors via an initial public offering Friday. Of course you already own part of Tesla Motors via the $465 million debt facility taxpayers loaned the company through the Department of Energy. And, based on the company’s financials, you’d better hope that we […]

Jurvetson Propelling $60 Million SpaceX Round

Rocket aficionado Steve Jurvetson and his DFJ partners have agreed lead a major investment in space transportation provider SpaceX, PE Week (peHUB’s sister publication) has learned. The round could be worth upwards of $60 million, and would include existing SpaceX backer Founders Fund.

Jurvetson declined to discuss the specifics of SpaceX’s financing. Regulatory filings show the company had raised $15 million toward a proposed $60 million round as recently as March. Jurvetson says that the round has either closed already or will close within the next 14 days.

Executives at SpaceX were not available for comment.

The Hawthorne, Calif.-based company has raised $112 million in funding since 2002, according to regulatory filings. Most of that financing has come directly from SpaceX CEO Elon Musk, who holds the title of CEO, CTO and founder of the company. Musk was

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