Relativity Space

Last Reported Valuation
~$4.2B
Series E/F, 2021
Total Funding Raised
$1.3B+
As of 2024
Founded
2016
Long Beach, CA
Exchange Listing
Private
Not publicly traded
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About Relativity Space

Relativity Space is an aerospace manufacturing company pioneering the use of 3D printing to build orbital rockets faster, at lower cost, and with greater design flexibility than any traditional method. Founded in 2016 by Tim Ellis and Jordan Noone — both former SpaceX and Blue Origin engineers — Relativity has raised over $1.3 billion in total funding and reached a peak valuation of approximately $4.2 billion during its 2021 fundraising.

Relativity's proprietary Stargate metal 3D printers — the world's largest — can manufacture up to 95% of a rocket's components, compressing what traditionally takes years into as few as 60 days. In March 2023, Relativity's Terran 1 became the first 3D-printed rocket ever to reach space. The company is now focused entirely on Terran R, a fully reusable medium-to-heavy-lift rocket targeting first launch in late 2026. In early 2025, former Google CEO Eric Schmidt made a major personal investment and took a controlling interest in the company, and Relativity conducted a 72-to-1 reverse stock split — moves often associated with preparing a company's capital structure ahead of a future public offering. Private market estimates as of mid-2025 place the implied valuation at approximately ~$3 billion.

Relativity's investors include Bond (Mary Meeker), Social Capital (Chamath Palihapitiya), Fidelity Management & Research, General Atlantic, Tiger Global, Tribe Capital, Y Combinator, and Eric Schmidt — who took a controlling stake in early 2025 in a move widely seen as a strong institutional endorsement of Terran R's commercial potential.


Funding History

Round Date Amount Raised Post-Money Valuation Notable Investors
Growth Round Early 2025 Undisclosed ~$3B (est.) Eric Schmidt (controlling interest), existing investors
Series F 2021 $650M ~$4.2B Bond, Social Capital, General Atlantic, Fidelity, Tribe Capital
Series E Jun 2021 ~$500M ~$4.2B Bond, Social Capital, Fidelity, Tiger Global, existing investors
Series D 2020 $500M ~$2.3B Tiger Global, Fidelity, existing investors
Series C 2019 $140M Undisclosed Bond, Social Capital, Mark Cuban
Series A/B 2017–2018 ~$45M Undisclosed Y Combinator, Social Capital, various angels

Figures sourced from public disclosures. Approximate. For informational purposes only. Not an offer or solicitation.


Company Details

Legal Name
Relativity Space, Inc.
Headquarters
Long Beach, CA
Founded
2016
Sector
Aerospace Manufacturing
Sub-Sector
3D-Printed Rockets / Space Launch
Flagship Product
Terran R Rocket
Entity Type
Private Corporation
Employees
~600
Exchange Listing
Not Public

Relativity Space Stock FAQs

No. Relativity Space is a private company headquartered in Long Beach, California. In early 2025, former Google CEO Eric Schmidt made a major personal investment and took a controlling interest, and the company conducted a reverse stock split — actions often associated with preparing a company's capital structure ahead of a future public offering. As of June 2026, no formal IPO filing has been made. Accredited investors interested in exposure to Relativity Space may explore the FNEX Ventures Fund, subject to eligibility and availability.
Relativity Space's peak formally disclosed valuation was approximately $4.2 billion, set during its Series E and F rounds in 2021. Following Eric Schmidt's controlling investment in early 2025 and the company's reverse stock split, private market estimates place the implied valuation at approximately ~$3 billion as of mid-2025. Private company valuations are based on the terms of recent financing rounds and are not indicative of current market value or future performance.
Relativity Space's key backers include Bond (Mary Meeker), Social Capital (Chamath Palihapitiya), Fidelity Management & Research, General Atlantic, Tiger Global, Tribe Capital, Y Combinator, and Eric Schmidt — who took a controlling stake in early 2025. These are strategic and financial relationships and do not guarantee any particular performance outcome.
Relativity Space designs and manufactures orbital rockets using the world's largest metal 3D printers, called Stargate. This approach allows the company to build a rocket with far fewer parts than traditional methods in as few as 60 days. In 2023, Relativity's Terran 1 became the first 3D-printed rocket to reach space. The company is now developing Terran R — a fully reusable, medium-to-heavy-lift rocket targeting first launch in late 2026 — to compete in the growing commercial launch market.

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This is a private company. Its shares are not publicly traded and no market pricing is provided on this page. All valuation figures are based on publicly reported funding round data and are not indicative of current market value, intrinsic value, or future performance. Private company valuations are inherently uncertain and may change materially over time.

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