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Old 17th February 2024 | 15:56
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ORAC
Ecce Homo! Loquitur...
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Joined: Jul 2000
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From: Peripatetic
The story of @relativityspace and their CEO Tim Ellis is insane:

- Guy works at Blue Origin , discovers 3D metal printing. tries convincing the company for 9 months to 3D print rockets. Everyone says no

- Starts Blue Origin's 3D printing division after getting a meeting with Bezos

- leaves Blue Origin to go start Relativity at 22, cold emails Mark Cuban saying he’s trying to raise a half million seed and asks for $100k. Cuban gives him his whole seed

- gets into YC, no traction, little product. Leaves YC having invented and prototyped the world's largest 3D metal printer, built a rocket engine, and $60M+ in LOIs closed. Group partner was Sama, now they're homies

- Raise $10 mil series A right after YC from Chamath and Social Capital. Raised a total of $1.6B to date

- they print rockets with 100x less parts and have it built in 60 days.

- get $1B+ in launch sales before even getting a rocket fully off the ground

- 2026 they'll have a rocket on par with SpaceX Falcon

- Plans to fly a 3D printing factory to Mars to help colonize the planet and bring 1M+ people there

And oh, Tim is only 32…


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