Research: China challenges SpaceX long-term
SpaceX, the American company, is a leading pioneer in reusable rocket technology and satellite services, holding the greatest market influence in the United States. Its achievements in reusing Falcon 9 boosters and completing 165 launches last year have solidified its position. Despite this progress, Bernstein considers China to be its biggest long-term competitor, especially after successfully recovering the first stage of the Long March 10B rocket six months ahead of schedule, and advancing its capabilities to launch hundreds of satellites. China also has plans to land humans on the Moon by 2030. However, China still primarily relies on developing and manufacturing new technology, whereas it needs to demonstrate repeated and rapid launch capabilities to compete with SpaceX in launch frequency. It is expected that US support may increase, especially as SpaceX leads in reusable vehicle technology.
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