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How China plans to break SpaceX’s launch monopoly with IPO push in new space race

South China Morning Post 13 July 2026 13h ago
How China plans to break SpaceX’s launch monopoly with IPO push in new space race
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To challenge the global launch market dominance of Elon Musk’s SpaceX, Beijing is adopting a coordinated, multi-company “wolf-pack” strategy fuelled by recent engineering breakthroughs in reusable rocketry. The milestones come as a wave of aerospace firms push to secure the capital needed to scale operations and capture global market share. According to exchange filings in Shanghai and Hong Kong,
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