China Allows Commercial Rocket Companies to Access Public Capital for Reusable Technology Development
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
- New Financing Regulations: The Shanghai Stock Exchange has announced that commercial rocket companies can now list without profitability, requiring only one successful orbital launch, significantly lowering the barriers to financing and accelerating the development of reusable rocket technology.
- Market Competition: With the new regulations in place, companies like LandSpace can secure funding more rapidly; LandSpace has already received 900 million yuan ($123 million) in support and plans to launch an IPO in early 2026, enhancing its competitiveness against SpaceX.
- Satellite Network Deployment: China aims to deploy tens of thousands of satellites in the coming decades, with the Guowang network having launched over 100 satellites and the Qianfan constellation planning to deploy approximately 15,000 satellites by 2030, aiming to surpass SpaceX's Starlink network.
- National Security Considerations: The Chinese government views SpaceX's dominant position as a national security concern, thus supporting domestic rocket companies through new regulations to enhance the country's competitiveness and autonomy in the global space sector.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
