Mark Cuban gave $500,000 of his own money to a 26-year-old CEO to 3D print rockets to go to Mars

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Mark Cuban gave $500,000 of his own money to a 26-year-old CEO to 3D print rockets to go to Mars
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'He posts his email publicly for people to get in touch with him, but I wasn't expecting a response.'

This story requires our BI Prime membership. To read the full article,Tim Ellis is the cofounder and CEO of Relativity Space, the first autonomous factory and launch service for rockets.

The company's journey got off to a flying start after its founders sent a speculative email to investor Mark Cuban, who provided $500,000 towards Relativity Space.That was the subject line Tim Ellis used in his 2015 e-mail to billionaire investor and Dallas Mavericks owner Mark Cuban when he responded to invest in 3D rockets.

Relativity's dreams were ready for lift off. The company has received funding from startup incubator Y Combinator and in just three years has followed that up with raises from Social Capital, and Playground Global. As an engineer at Jeff Bezos's Blue Origin, Ellis spent additional time after work looking into the feasibility of 3D printing as another way to build complex rocket parts. Now, with fellow founder, and SpaceX alumnus, Noone, they aim to eventually automate manufacturing on Mars using 3D printing.

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