China’s Rocket Companies Are Lining Up Ten IPOs at Once to Catch SpaceX, and LandSpace’s $1 Billion Shanghai Listing Is the First Test Case (opens in new tab)

More than ten Chinese commercial-rocket-and-aerospace-suppliers are queuing for IPOs on the Shanghai Stock Exchange and the Hong Kong Stock Exchange ahead of SpaceX's $75 billion September Nasdaq listing, with LandSpace's $1 billion Shanghai Star Market application as the first test case, CAS Space's $600 million Star Market listing approved through review, and Galactic Energy, i-Space, Space Pioneer, Adaspace, Fortunetone and Emposat all in active pre-IPO tutoring.