Relativity Space Raises $650 Million to Scale Terran R Rocket Production

LONG BEACH, Calif., June 8, 2021 (Relativity Space PR) – Relativity Space, the first company to 3D print an entire rocket and build the largest metal 3D printers in the world, today announced it closed a $650 million Series E equity funding round. The round was led by Fidelity Management & Research Company LLC with participation from investors including Baillie Gifford, funds and accounts managed by BlackRock, Centricus, Coatue, K5 Global, Soroban Capital, Tiger Global, Tribe Capital, XN, Brad Buss, Mark Cuban, Jared Leto, and Spencer Rascoff, among others. Following the announcement of its fully reusable, entirely 3D printed rocket, Terran R, the company’s latest round of funding enables the scaling of the Terran R program and long-term infrastructure development.  

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Astranis Raise $250 Million Series C Financing Round

Astranis engineers load their small communications satellite into a thermal-vacuum shroud. (Credit: Astranis)

SAN FRANCISCO (Astranis PR)–Astranis, the company building the next generation of telecommunication satellites, today announced a $250 million Series C financing round, valuing the company at $1.4 billion.

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Relativity Space Closes $500 Million Series D Financing

LOS ANGELES, November 23, 2020 (Relativity Space PR — Relativity Space, the first company to 3D print an entire rocket and build the largest metal 3D printers in the world, today announced it closed a $500 million Series D equity funding round.

The round was led by Tiger Global Management with participation from new investors Fidelity Management & Research Company LLC, Baillie Gifford, ICONIQ Capital, General Catalyst, XN, Senator Investment Group, and Elad Gil. Existing investors participating in the round include BOND, Tribe Capital, K5 Global, 3L, Playground Global, Mark Cuban, Spencer Rascoff, and Allen & Company LLC, among others.

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Musk’s Melts Down Over Thai Cave Rescue Criticism

Elon Musk (center) and Texas Gov. Rick Perry break ground on a new launch complex. (Credit: Texas Governor’s Office)

Days after promising to behave himself better on Twitter, Elon Musk had what was arguably his worst public meltdown yet on Sunday when he leveled a charge of pedophilia against a diver who had been instrumental in saving a Thai soccer team and its coach trapped in a flooded cave.

Musk made the charge — without providing any evidence —  against Vern Unsworth, a British diver who lives in Thailand, who last week criticized submarines that a team at Musk’s SpaceX built for the rescue effort as “just a PR stunt” that had “absolutely no chance of working” in the twisted confines of the cave.

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