A California city of industry and aerospace since 1917
SpaceX has announced a senior unsecured notes offering to raise about $20 billion to refinance a bridge loan and fund expanding AI infrastructure, including Starship and Starlink. The move follows a record IPO and large cash reserves, but faces scrutiny over negative free cash flow and high capital needs.
A California Bay Club Clubhouse in El Segundo is facing a negligence lawsuit after surveillance footage allegedly shows a worker throwing a 23‑month‑old child into the air, causing a traumatic brain injury and hearing loss. The family contends the facility, not licensed by state authorities, improperly claimed exemption while parents are on the premises.
Law enforcement has arrested 38-year-old Jeanine John Taele at Trump National Golf Club in Rancho Palos Verdes after agents said they found a loaded 9mm pistol, a 16‑round magazine with hollow‑point rounds and photographs of security‑planning activity. Investigators have searched Taele’s Downey home and recovered an illegally modified AR‑style rifle, body armour, radio devices and notebooks with "concerning statements."
Genesis unveils the GV90, its first full-size electric SUV, signaling a bold push into premium markets. The Neolun variant with coach doors and a lounge-like cabin showcases high-end features as Genesis outlines its three pillars—luxury, performance and hospitality—while signaling a broader portfolio development.
A Marine veteran, Jeanine John Taele, 38, is undergoing psychiatric evaluation and has been referred to a Hollywood mental health court. Police found a loaded pistol, a badge reading “security protection agent,” and 200 notebooks with surveillance notes after Taele was arrested at Trump National Golf Course Los Angeles while a Trump event occurred nearby. He is not yet deemed fit to stand trial.