Former Google CEO Eric Schmidt aims to emulate the success of Elon Musk.
Eric Schmidt Joins Rocket Startup as CEO
Eric Schmidt, former CEO of Google, is a billionaire with a keen interest in the space travel industry. The wealthy tech mogul has joined a relatively unknown rocket startup and will be the new chief executive officer.
CEO Transition
The company’s CEO, Tim Ellis, announced on Monday that he would be stepping down from his position. He stated, “Today marks a new chapter as Eric Schmidt @ericschmidt takes over as CEO of Relativity, providing significant financial backing to the company. I know there is no one more tenacious or passionate to drive this dream forward. We have been working together to make the transition as smooth as possible, and I will continue to support the team as a co-founder and board member.”
Exploring Mars
Relativity Space is also interested in Mars. The company has a long-term goal of establishing an industrial base on Mars, although specific details have not been disclosed.
