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Tesla and SpaceX CEO Elon Musk attends the inauguration of President Donald Trump at the U.S. Capitol Rotunda on January 20, 2025 in Washington, DC.

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US billionaire businessman and pilot Jared Isaacman flies in formation aboard a fighter jet over the SpaceX sign, close to the Starship spacecraft, before his third test flight from Starbase in Boca Chica, Texas, on March 13, 2024. Elon Musk’s SpaceX announced it was eyeing March 14 as the earliest date for the next test launch of its giant Starship rocket, with which it hopes to one day colonize Mars. Two previous attempts have ended in spectacular explosions, though the company has adopted a rapid trial-and-error approach in order to accelerate development. (Photo by CHANDAN KHANNA/AFP via Getty Images)

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Tom Vice , the CEO of private place technologies companySierra Space , has left the company , according to aCNBC news report .

Vice hold the lieu for three and a half yr , manage the VC - backed company’s$290 million fundraiseat a $ 5.3 billion valuation in 2023 and securement of amilitary orbiter contractin early 2024 .

Despite some other successes , Sierra Space , a spinout from aerospace contractile organ Sierra Nevada Corporation , has yet to launch a first military mission of its reusable cargo spaceplane , call Dream Chaser . Over the summertime , delays caused Dream Chaserto be bootedfrom the manifest for United Launch Alliance ’s 2d Vulcan Centaur trajectory .

During Vice ’s tenure , Sierra Space sawlayoffsandexecutive turnover . Vice last year teased Sierra Space ’s programme togo publicin former 2025 , though it ’s unclear if those plans will retain under Modern leadership .

The company ’s chair Fatih Ozmen will serve as interim chief operating officer .

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