Back to list

Relativity Space

3D-printed rocket manufacturer building the medium-lift reusable Terran R
Defense & Space 📍 Long Beach, CA Founded 2015
Current Valuation
$4.2B
as of 2025-Q1
UNICORN

IPO Outlookprivate

Is Relativity Space going public?
No. Relativity Space has no imminent IPO plans on record. It is still private.
What is Relativity Space's valuation in 2026?
Relativity Space is valued at $4.2B as of 2025-Q1, set by its Series F ($1.7B, Mar 2025). That is the last confirmed mark, not a live price — private shares do not trade continuously.
Has Relativity Space filed an S-1?
No public S-1 is on file for Relativity Space.
Who are Relativity Space's investors?
Relativity Space's investors include Eric Schmidt, Tiger Global, Fidelity, BlackRock, K5 Global, Coatue.
Answers are derived from the roster record shown on this page — filing status, last round and confirmed marks. Where the record is silent, the answer says so rather than guessing.
Relativity is building Terran R, a fully reusable medium-lift rocket with 23.5 tons to LEO. Eric Schmidt acquired control of the company in March 2025 as CEO, taking over from founder Tim Ellis. Pivoting from the smaller Terran 1 (retired after one launch) to compete with SpaceX's Falcon 9 in the medium-lift market.

Company Profile

CEO
Eric Schmidt
Founded
2015
HQ
Long Beach, CA
Employees
~1000
Total Raised
$3.5B
Last Round
Series F — $1.7B (Mar 2025) · Lead: Eric Schmidt
IPO Status
no imminent plans

Fundraising Status

Series F · $1.7B · 1y 5mo ago
no imminent plansTotal raised $3.5B

Secondary Market

Implied price / share
$10.05
Last round price / share
$22.67
vs last round
-55.7%
Open interest
6
Last round price vs secondary price
Last round vs current secondary price per share$22.67Last round$10.05Current
Secondary price return by period
Secondary market period returns3-month+7.8%6-month+26.7%1-year+39.4%All-time-56.0%
Implied per-share price from private secondary transactions, as of Jun 2026. This is a point estimate, not a quote — the feed carries no bid, ask or spread, and a secondary print is evidence of what someone paid on that date rather than a live market. Compare across every tracked name →

Latest Funding Round

RoundAmountDateLead InvestorPost-Money
Series F$1.7BMar 2025Eric Schmidt

Vertical Intelligence — Defense / Aerospace

Federal awards
3
prime contracts, last 36 months
Obligated
$8.99M
top: Department of Defense
Largest award
$8.77M
Department of Defense
Latest award
2026-01-21
Largest award: REAL TIME FLAW DETECTION IN LARGE FORMAT ADDITIVE MANUFACTURING (FA239424CB012)
Name-verified against recipient "RELATIVITY SPACE, INC." on USASpending.gov as of 2026-08-19. Prime awards only — subcontracts and classified work are not visible in the public registry. Verify on USASpending.gov ↗

Talent Signal

Hiring trend
First snapshot
trend accrues with monthly sweeps
Open roles
3
via careers page
Product-build share
100%
engineering, research, product, design
Trajectory
steady
heavy product build — 100% of open roles are product-building functions (engineering/research/product) — 2 of 3 open roles are hardware.
Actively hiring with no tracked executive churn.
Open roles by month
Open roles by month3Aug '26
Open roles by function
Open roles by functionHardware2Clinical & Science1
product-building   go-to-market / G&A
Dark Matter LabMeet the Propulsion Materials & Processes Team📍Propulsion Team, Stennis, MS
Counted from Relativity Space's live job board as of 2026-08-17; role functions classified from posting titles. Open-role counts are an activity signal, not headcount. Refreshed monthly.

Founders & Key People

Tim EllisJordan Noone

Investors

Eric Schmidt · Tiger Global · Fidelity · BlackRock · K5 Global · Coatue

Products

  • Terran R (medium-lift reusable)
  • Stargate (4th-gen metal 3D printer)

Competitors

SpaceX · Rocket Lab · Blue Origin · Stoke Space
SpaceLaunch3D PrintingSchmidt Backed
Private-company numbers are not real-time. Reflects publicly disclosed valuations from press releases, news reports, and tender offers as of 2025-Q1. Refreshed quarterly.