LandSpace's $1B IPO: China's Reusable Rocket Race
Update: 2025-12-31
Description
LandSpace, Chinas leading private rocket firm, is set to raise $1.07 billion through an IPO on the Shanghai Stock Exchanges STAR Market. This funding will boost production and technology for reusable rockets, following their historic test earlier this month. The IPO comes as the Shanghai exchange eases rules for reusable rocket companies, aiming to narrow the space tech gap with the US. This move could significantly impact Chinas private space race and global competition. Checkout Solipillow.com
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