Hillspire completed the acquisition of Relativity Space for $380m.

Hillspire, an integrated family office management company, completed the acquisition of Relativity Space, a company building the world’s first autonomous rocket factory and launch services for satellites, for $380m. "Today marks a powerful new chapter as Eric Schmidt becomes Relativity’s CEO, while also providing substantial financial backing. I know there’s no one more tenacious or passionate to propel this dream forward. We have been working together to ensure a smooth transition, and I’ll proudly continue to support the team," Tim Ellis, Relativity Space Co-founder and Board Member.