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Is There a Chinese Space X on the Horizon?
Until about 2014, China's space industry was dominated by a couple of massive state-owned enterprises. Since then, they've opened it up to private capital and are really encouraging people to invest in this sector. Over the last nine years, we've seen 250 or 300 commercial space companies founded. Most of these companies are being founded by teams that are coming out of the state-owned Enterprises. You're also getting some companies founded by people that are coming from a more, let's say, tech background.