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At close · Fri, Aug 14, 2026
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HomeGlobal MarketsAsiaChina’s LandSpace achieves first reusable rocket miles…

China’s LandSpace achieves first reusable rocket milestone

The private company’s breakthrough could help reduce costs in China’s commercial launch market and increase pressure on SpaceX’s reusable-rocket lead.

China’s private space company LandSpace said it has successfully landed a reusable rocket for the first time, marking a key milestone in efforts to make launch services cheaper.

The New York Times Business reports that the achievement could move China closer to competing in lower-cost spaceflight, a space where SpaceX has built an advantage around reusability.

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