The CEO of SpaceX-backer Lucid Air is stepping down

Image: Silicon Valley / LucidAir Steve Jurvetson is known to the world for being one of the most well-connected investors in Silicon Valley; its ecosystem of start-ups has benefitted from a whole lot of…

The CEO of SpaceX-backer Lucid Air is stepping down

Image: Silicon Valley / LucidAir

Steve Jurvetson is known to the world for being one of the most well-connected investors in Silicon Valley; its ecosystem of start-ups has benefitted from a whole lot of new life thanks to his incredibly influential, winning ideas.

He’s also at the heart of one of the most controversial new companies in Silicon Valley: Lucid Air, a near-infinite space flight company founded by a team of scientists and SpaceX alums. Now, Jurvetson, himself a former SpaceX board member, is stepping down from those duties in order to devote his full attention to this one company.

This year’s IndieGogo campaign raised over $US6 million, the most by a company in the airship category.

The airship’s asking price is (or was asking) $US1 million per vessel, and as of the time of writing has raised just over $US3 million. It has received over 60,000 pre-orders, and currently counts Donald Trump’s son-in-law Jared Kushner among its investors.

The first flight is scheduled for 2020.

(Gizmodo Australia is also a partner of IndieGogo.)

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