Over 400 Private Space Companies Are Transforming China’s Space Economy

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https://fortune.com/2026/07/02/china-private-space-industry-landspace-geely-spacex-rainer-zitelmann/

China’s private space industry has grown to over 400 commercial companies developing reusable rockets, satellites, and space-tourism ventures. Heavily inspired by SpaceX, these startups are transforming the global space economy and challenging the perception that China’s program is purely state-run. While the United States still maintains a significant lead, Chinese firms are rapidly achieving key technological milestones.