After a decade leading Google, Eric Schmidt is stepping back into a CEO role at Relativity Space, having made a significant investment and acquired a controlling stake. This move marks Schmidt's first CEO position since leaving Google in 2011. Relativity Space, a startup specializing in the manufacture of cost-effective, reusable rockets for small payloads, seeks to challenge industry leader SpaceX. The company envisions expanding its efforts to establish an industrial presence on Mars, emphasizing its innovative approach in a competitive new space race.
Eric Schmidt, who has been a pivotal figure in tech, is taking on the role of CEO at Relativity Space to help pioneer new rocket manufacturing.
Relativity Space aims to create an industrial base on Mars while competing with SpaceX in launching cheaper and reusable rockets into orbit.
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