Eric Schmidt has acquired a control stake in Relativity Space, a Long Beach, Calif.-based rocket maker, and taken over as CEO.
Why it matters: This will be Schmidt's first CEO job since leaving Google's top post more than 14 years ago, and is a reminder of how fast the space industry can burn venture capital.
NASA has cut its office of the chief scientist and its Office of Science, Policy, and Strategy, among other entities, the agency said in an internal email that Axios has viewed.
Why it matters: Eliminating these offices comes ahead of potentially deep cuts to the agency's science programs.
