DiscoverMarkets & Money Today | 2 Min News | The Daily News Now!Relativity Space Shifts Gears, New CEO Emerges
Relativity Space Shifts Gears, New CEO Emerges

Relativity Space Shifts Gears, New CEO Emerges

Update: 2025-12-17
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Relativity Space, once a trailblazer in 3D printed rockets, faced financial struggles, burning through over $1 billion. Despite initial success, the company shifted away from its original plan due to production issues and high risks in the space industry. Former Google chief Eric Schmidt stepped in with fresh funding, taking over as CEO, and the company now focuses on a larger rocket using traditional manufacturing.

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Relativity Space Shifts Gears, New CEO Emerges

Relativity Space Shifts Gears, New CEO Emerges