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Former Google CEO Eric Schmidt is the new leader of Relativity Space

  • Eric Schmidt is the new CEO of Relativity Space, confirmed by a company spokesperson to TechCrunch.
  • Schmidt informed employees of his controlling stake in the company during an all-hands meeting, as reported by the New York Times.
  • Relativity Space plans to launch the Terran R rocket in 2026, which competes with SpaceX's Falcon 9.
  • Tim Ellis, co-founder and the former CEO, is stepping down as CEO but will remain supportive as a co-founder and board member.
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Daily News Update broke the news in on Monday, March 10, 2025.
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