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flag Eric Schmidt, former Google CEO, takes the helm at rocket startup Relativity Space amid financial challenges.

flag Eric Schmidt, former CEO of Google, has become the new CEO of Relativity Space, a rocket startup that uses advanced technologies like 3D printing. flag Schmidt, who left Google nearly 15 years ago, takes over from co-founder Tim Ellis, who will remain on the board. flag The company, facing financial challenges, aims to launch its Terran R rocket in 2026, competing with SpaceX and Blue Origin.

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