China’s private space industry is rapidly gaining ground on SpaceX

In early August, a rocket took off on its third-ever test, reaching a height of around 300 metres and hovering there for a minute before returning to Earth, completely intact. But this reusable rocket wasn’t owned by SpaceX or Blue Origin. It was developed by a Chinese startup called LinkSpace.

Since 2014, when the Chinese government gave the green light to private companies to operate in the space sector, more and more startups have been popping up. Now, there are around 100 of them, up from just 30 in 2018. Welcome to the booming world of China’s private space industry.

Read more on Wired UK

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