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Tesla and SpaceX CEO Elon Musk walking into the White House grounds in Washington on Feb. 13, 2025. Photo by Travis Gillmore.

SpaceX raises $86B in record-breaking IPO 

By Andrew Moran Contributing Writer  SpaceX raised almost $86 billion from last week’s record initial public offering — also known as an IPO — after major brokers exercised their overallotment of shares, the company said on Monday.  Elon Musk’s rocket, artificial intelligence and satellite company raised $75 billion during the largest IPO ever.  Underwriters — including Goldman Sachs, JPMorgan Chase and Morgan Stanley — chose to purchase an additional 83.3 million shares under the overallotment. Referred to as the “greenshoe,” the overallotment is typically exercised

Chamber’s Business Choice Award winners honored 

The Santa Clarita Valley Chamber of Commerce’s 103rd annual Business Choice Awards and board installation ceremony was, to its president’s mind, a celebration of the Santa Clarita Valley’s impressive business diversity.  From an ambitious yoga studio to the city’s

Santa Clarita City Hall

Senior homes proposed for Tourney Road  

A Los Angeles-based developer is looking to put 100 market-rate assisted-living units for seniors on Tourney Road, across the street from the Kaiser Permanente medical offices and nestled alongside Valencia Country Club.  “The Ivy

Paul Butler commentary

Paul Butler | Work: Love in Action 

With Valentine’s Day top of mind, have you noticed how few people seem to really love what they do for work?  We’ve all experienced surly service, and I’ve found this to be most common in retail

Business News Filler

Dow hits 50,000 for first time ever 

By Travis Gillmore Contributing Writer  Equity markets rallied Friday as the Dow Jones Industrial Average crossed the 50,000 threshold at 2:30 p.m. ET for the first time ever.  President Donald Trump celebrated the

Santa Clarita City Hall

Thousands of homes part of budget discussion

Santa Clarita City Manager Ken Striplin shared his initial budget outlook Tuesday for the city’s 2026-27 fiscal year with city commissioners and the City Council, and also highlighted a number of upcoming projects adding homes and businesses in the city. 

College of the Canyons’ Volunteer Income Tax Assistance volunteers prepared 379 tax returns at no cost for eligible community members last year. The program will again offer free tax preparation services during the 2026 tax filing season. Photo courtesy of COC.

COC’s VITA to offer free tax preparation services 

News release  College of the Canyons will offer free income tax preparation services through its Volunteer Income Tax Assistance program for eligible individuals during the 2026 tax filing season.  VITA

City manager shares early budget forecast 

Santa Clarita City Manager Ken Striplin said that, based on regional and national economic forecasts, the city is anticipating small but steady growth in 2026, during a preview of the 2026-27 spending plan with

City to talk terms again with Newhall developer

Santa Clarita officials can now negotiate a deal that would book-end the revitalization of Downtown Newhall, with Tuesday’s authorization from the City Council to discuss terms exclusively with Serrano Development Group.  The plans involve

City planning gives tour of Princessa Crossroads

City staff and project officials gave a tour of the planned Princessa Crossroads project site Tuesday, showing off the vacant 146-acre lot south of the Santa Clarita Activities Center and

Planning to take another look at Northlake 

The L.A. County Department of Regional Planning is expected next week to hold another hearing as part of a court order from lawsuits over the Northlake Specific Plan, for a community that’s been talked about for