Aerospace startup manufacturing 3D-printed rockets for small satellite orbital launch services.relativityspace.com ↗
1 take · first discussed Mar 22, 2025
Private company — no public price to score. We track what they said; valuation-mark tracking is on the roadmap.
The hosts' collective view on Relativity Space is effectively a single bearish data point from Chamath, who held roughly 10% of the company before being recapped out at an estimated ~$380M loss. His core conclusion is that Relativity required far more capital than investors were willing to commit, and that SpaceX leaves no viable room for a competitor in the launch market. No other hosts offered a thesis on Relativity Space, so there is neither agreement nor disagreement from the broader group to note.
Chamath exited his ~10% stake in Relativity Space after being recapped out, taking a ~$380M loss, concluding the company needed far more capital than investors were willing to provide and that SpaceX has no viable competition.
I was also an investor in Relativity. I think I owned about 10% of the company. And I just got recapped out of that business because they needed a lot more money than folks were willing to give it.”1:17:22