LandSpace's IPO: China's Space Race Heats Up

LandSpace, Chinas top private rocket company, has completed the key tutoring phase for its IPO, aiming to list on Shanghais STAR Market in 2026. This move is part of Beijings push to open capital markets to private space firms. LandSpace, seeking to rival SpaceX, has tested a full reusable rocket, though it crashed on landing. The company aims to raise funds through the IPO to support rapid iteration and match SpaceXs capabilities.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.