Reported 27 days ago
China is striving to close the technology gap with the U.S. by developing its own reusable rocket systems, thus reducing Elon Musk's dominance in the space industry. The country is investing heavily in aerospace startups and state-owned enterprises to achieve a sustainable and economically viable launch capability, with companies like LandSpace and Deep Blue rapidly advancing their technologies. As part of its broader strategy, China aims to create a competitive commercial space sector, ensure national pride, and maintain a counterbalance to U.S.-based services like SpaceX's Starlink.
Source: YAHOO