March Private Market UpdateFebruary shows slight uptick in Forge’s investor interest prior to bank turbulence
March Private Market Update
Relativity Space was founded in 2015 by Jordan Noone and Tim Ellis. In 2020, CEO Ellis told CNBC that going public was "certainly a possibility," but added that staying private "was the preferred direction by a longshot. It lets us put our heads down and execute and not have to worry about some of the overhead of being a public company today." These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
Relativity Space is a private spaceflight company with a sophisticated 3D printing and metallurgy division. The company's proprietary printing technology allows it to develop, build, and modify its fully 3D printed rockets within remarkably short timeframes. As of April 2022, the company has not yet launched a rocket, but reports say that this will happen soon, and that the development of more advanced, higher payload rockets is well under way. Relativity Space has raised more than $1.2 billion in venture capital funding from investors including Fidelity Management & Research Company, Coatue Management, Soroban Capital, Tiger Global Management, Mark Cuban, Jared Leto, and Tribe Capital. A June 2021 equity round raised $650 million in new capital, pushing the company to a $4.2 billion post-money valuation.
Relativity Space does not currently have an official ticker symbol because this company is still private. Register today to connect with our Private Market Specialists and learn more about new pre-IPO investment opportunities.
The stock price for Relativity Space will be known as it becomes public. Here are similar public companies: Blade (NASDAQ: BLDE), Fast Radius (NASDAQ: FSRD), Joby Aviation (NYSE: JOBY), Procore Technologies (NYSE: PCOR), Rocket Lab (NASDAQ: RKLB).
| Date | Funding Round | Funding Raised | Price per Share | IPO Valuation |
|---|---|---|---|---|
| 6/8/2021 | Series E | $4.21B | $XXX.XX | $XXX.XX |
| 11/23/2020 | Series D | $2.3B | $XXX.XX | $XXX.XX |
| 10/1/2019 | Series C | $400MM | $XXX.XX | $XXX.XX |
| 3/27/2018 | Series B | $80MM | $XXX.XX | $XXX.XX |
| 7/18/2016 | Series A | $24.69MM | $XXX.XX | $XXX.XX |
| 3/22/2016 | Series SAFE and Seed | $17.03MM | $XXX.XX | $XXX.XX |
Relativity Space is a privately held company and is not publicly traded on NYSE or NASDAQ in the U.S. To buy pre-IPO shares of a private company, you need to be an accredited investor. Learn more about how to invest in the private market or register today to get started.
If you own Relativity Space pre-IPO shares and are considering selling, you can find what your shares could be worth on Forge’s secondary marketplace.
Our Private Market Specialists are available to answer any questions you might have and can help connect you with a buyer from our network of 125,000 accredited investors and institutions. You can also learn more about how to sell your private shares before getting started.
Relativity Space is a private company and not publicly traded.
If you are interested in buying or selling private company shares, you can register with Forge today for free to explore your options. Registering gives you access to one of our Private Market Specialists who can guide you through the process of buying or selling. Learn more about how Forge might help you buy pre-IPO shares or sell pre-IPO shares.
