During the days when Snapchat’s popularity was booming, investors thought the company would become the anchor for a new Los Angeles technology scene.

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.

“There was a buzz, but it doesn’t quite have the depth of bench of people that investors wanted it to become,” says one longtime VC based in the City of Angels.

“It was a company in LA more than it was an LA company.”Perhaps the most successful SpaceX offshoot is Relativity Space, founded by Jordan Noone and Tim Ellis.

Since Noone, a former SpaceX engineer, and Ellis, a former Blue Origin engineer, founded their company, the business has been (forgive the expression) a rocket ship. | To read full story, visit https://startuparound.com/read/1582239709.3859024/SpaceX’s-spin-outs-are-helping-build-LA’s-startup-ecosystem-–-TechCrunch?ref=audio_experience