China opens space research to private firms as counterweight to SpaceX's anticipated IPO
Summary
SpaceX is preparing for a historic IPO with strong demand for shares, while China's space industry responds by opening national research projects to private enterprises for the first time. The China National Space Administration's November action plan marks a shift toward incorporating commercial aerospace into the national space program, positioning Chinese space firms as a counterweight to SpaceX's market dominance.
Source
bskyChina opens space research to private firms as counterweight to SpaceX's anticipated IPObriefly.coKey quotes
· 2 pulled'China follows Musk very closely'
This is the first time the administration incorporated commercial aerospace into the national spa
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