Recently, Long March 10B successfully flew for the first time, and China's launch vehicle achieved controlled recycling for the first time. What is progressing at the same time as breakthroughs in recyclable rocket technology is an intensive explosion of IPOs for commercial space companies. According to the data, at least 15 commercial space companies have now begun the IPO process. In the first half of the year, China Science and Technology Aerospace and MicroStar Sky all entered the Science and Technology Innovation Board inquiry stage. Some analysts believe that in the medium to long term, recyclable rockets open up a closed commercial loop of commercial space shifting from being “driven by policy and capital” to “driven by endogenous profit.” With technological breakthroughs, capital inflows and market demand resonating, China's commercial aerospace trillion-class circuit is entering a period of true value realization.

Recently, Long March 10B successfully flew for the first time, and China's launch vehicle achieved controlled recycling for the first time. What is progressing at the same time as breakthroughs in recyclable rocket technology is an intensive explosion of IPOs for commercial space companies. According to the data, at least 15 commercial space companies have now begun the IPO process. In the first half of the year, China Science and Technology Aerospace and MicroStar Sky all entered the Science and Technology Innovation Board inquiry stage. Some analysts believe that in the medium to long term, recyclable rockets open up a closed commercial loop of commercial space shifting from being “driven by policy and capital” to “driven by endogenous profit.” With technological breakthroughs, capital inflows and market demand resonating, China's commercial aerospace trillion-class circuit is entering a period of true value realization.