SpaceX Employees Fuel Success
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A story about how the CEO of Relativity Space, Tim Ellis, is competing with SpaceX and Blue Origin while achieving massive success.
"Relativity Space what they do is they 3D print rockets and then send them into space. There's huge demand for rocketry - taking satellites up to space and scientific missions. SpaceX is number 1, Blue Origin which is Jeff Bezos' company is number 2, and Relativity Space is number 3.
Their differentiator is that other companies need hundreds of specialty parts to build a rocket. They might 3D print individual parts, but the whole thing is a very expensive complex structure where a million things can go wrong. We basically 3D print the entire rocket with only a couple extra parts, making it cheaper.
He said this throwaway line explaining: 'Our mission is to make humanity multi-planetary through 3D printing rockets. We're one of only 2 companies on earth that has a mission of making the human race multi-planetary - the other is SpaceX.'
The launch market today is $8 billion a year, growing to $30 billion. There's really only 3 companies that can serve this right now. In the last 3 months we have sold over $1.2 billion in launch sales. We have 850 employees - 500 are ex-SpaceX."
Shaan Puri
Host of MFM
Shaan Puri is the Chairman and Co-Founder of The Milk Road. He previously worked at Twitch as a Senior Director of Product, Mobile Gaming, and Emerging Markets. He also attended Duke University.