About this episode
Chinas space race heats up as GalaxySpace and LandSpace prepare for IPOs, aiming to fund ambitious projects and challenge U.S.-based Starlinks dominance in low-Earth orbit satellites. GalaxySpace, backed by Beijing, is building massive space internet networks, while LandSpace seeks a billion-dollar IPO. The tutoring phase for IPOs is a unique Chinese process, marking the first real step toward going public. Chinas focus on low-Earth orbit satellites is driven by the need to narrow the space gap with America and secure reliable communications links, as seen in conflicts like Russias war in Ukraine.
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