Eric Schmidt Takes Helm at Relativity Space, Replacing Co-Founder Tim Ellis
Eric Schmidt, former CEO of Google, has been appointed as the new Chief Executive Officer of Relativity Space, the company known for its innovative 3D-printed rockets. Schmidt succeeds Tim Ellis, co-founder of Relativity Space, in a move that marks a significant shift in leadership for the aerospace startup.
Relativity Space gained attention earlier this year when it launched Terran 1, the world’s first 3D-printed rocket. Despite the rocket’s failure shortly after liftoff, the company has continued to push forward with its ambitious plans. Currently, Relativity Space is developing Terran R, a reusable medium-to-heavy-lift launch vehicle scheduled for its maiden flight in late 2026.
As part of this transition, Schmidt has made a substantial investment in Relativity Space, securing a controlling stake in the company. This move aligns with a growing trend of tech industry leaders venturing into the space sector, following in the footsteps of Elon Musk with SpaceX and Jeff Bezos with Blue Origin.
Tim Ellis, while stepping down as CEO, will remain actively involved with Relativity Space as a co-founder and board member. In a statement, Ellis expressed his support for Schmidt’s leadership, emphasizing the importance of this transition for the company’s future growth and success.
Relativity Space has been at the forefront of aerospace innovation with its focus on 3D-printed rockets and reusable launch vehicles. Recent press releases have highlighted significant progress in the development of Terran R, underscoring the company’s commitment to advancing space technology.
Schmidt’s appointment comes at a crucial time for Relativity Space as it seeks to establish itself as a major player in the competitive commercial space industry. His extensive experience in the tech sector and significant financial backing are expected to provide a boost to the company’s ambitious goals.
The leadership change at Relativity Space reflects a broader trend in the aerospace industry, with tech executives increasingly taking on key roles. This shift was also seen recently when Dave Limp, a former Amazon executive, became CEO of Blue Origin in 2023.
As Relativity Space enters this new chapter under Schmidt’s leadership, the industry will be watching closely to see how the company evolves and competes in the rapidly advancing field of commercial space exploration.
