A Space Startup Worth $4 Billion Swears Off Fizzling SPAC Craze

  • Relativity Space is among the most valuable industry startups
  • Founder Tim Ellis sees private fundraising as more palatable
Tim EllisSource: Relativity Space Inc.
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One of the most valuable private space startups after Elon Musk’s SpaceX is the type of company that sponsors of special purpose acquisition companies would love to target for a deal.

But Tim Ellis, co-founder and chief executive officer of Relativity Space Inc., just isn’t interested.