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Eric Schmidt Purchases Relativity Space to Compete with SpaceX Monopoly

By Egleze Editorial Desk · Published June 26, 2026 · Peter Diamandis · The $10B Satellite Empire Putting AI in Orbit, Why Chips Beat Rockets & China's #1 Open Model | EP #266
Eric Schmidt Purchases Relativity Space to Compete with SpaceX Monopoly
Peter Diamandis
Peter Diamandis
The $10B Satellite Empire Putting AI in Orbit, Why Chips Beat Rockets & China's #1 Open Model | EP #266

What was said

"Eric is the CEO now of Relativity Space, which blew my mind when he took that role. And they just announced they have gotten a mission from NASA called EULIS."

Former Google CEO Eric Schmidt acquired struggling rocket company Relativity Space after its financing collapsed and personally took over as CEO. The company secured NASA's EULIS Mars mission shortly after. Schmidt, an early investor in Planet, appears to be positioning Relativity as an alternative launch provider for orbital AI data centers, directly challenging SpaceX's emerging monopoly on space infrastructure.

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Attributed speaker claim

Egleze verified who said this and where. The underlying claim has not been independently established by Egleze.

Source and context

Egleze verified who said this and where. The underlying claim has not been independently established by Egleze.

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Peter Diamandis
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The $10B Satellite Empire Putting AI in Orbit, Why Chips Beat Rockets & China's #1 Open Model | EP #266
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1:07:57
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Peter Diamandis
Peter Diamandis

The $10B Satellite Empire Putting AI in Orbit, Why Chips Beat Rockets & China's #1 Open Model | EP #266

June 26, 2026 · 5 Egleze moments
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