this post was submitted on 24 Jun 2024

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China's reusable rocket completes 10 km vertical takeoff, landing test (news.cgtn.com)

submitted 4 months ago by nekandro@lemmy.ml to c/worldnews@lemmy.ml

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[–] What_Religion_R_They@hexbear.net 21 points 4 months ago (1 children)

Chinese companies overtook Tesla in less than a decade, and now they're coming for his rockets too.

[–] veroxii@aussie.zone 2 points 4 months ago

I mean this was the whole point of the X prize and the private space race, right? Create competition to lower costs.

[–] nekandro@lemmy.ml 17 points 4 months ago (1 children)

The current Long March series are already price-competitive-ish with SpaceX, but they're missing manufacturing capacity to continue churning out rockets. This seems to be the solution?

[–] cosmic_skillet@lemmy.ml 8 points 4 months ago

Curious to see what the economics of starship will shake out to be