Eric Schmidt, former CEO of Google, is now taking the reins as CEO of Relativity Space, a 9-year-old rocket startup. This marks his first CEO position since leaving Google in 2011. The move has sent shockwaves through the tech community, with many wondering about the motivations behind this new role.Reliability Space's employees have been informed that Schmidt made a significant investment to become their CEO. This information raises questions about the extent of Schmidt's involvement and what this means for the future of Relativity Space's technology. The impact of his leadership on the company's trajectory remains to be seen.The appointment of Schmidt as CEO highlights the growing importance of private investment in space exploration. As a prominent figure in the tech industry, Schmidt's influence could potentially shape the direction of innovation in this field.