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SpaceX
TOPIC
 / company

SpaceX

SpaceX
SpaceX
Space Exploration Technologies (SpaceX) designs, manufactures and launches the world's most advanced rockets and spacecraft. Based in California, it was founded in 2002 by former PayPal entrepreneur Elon Musk with the aim of revolutionising space transportation.
Chairman / President
Elon Musk
CEO / Managing Director
Elon Musk
CFO / Finance Director
Bret Johnsen
Industry
Aerospace, Space Transportation
Website
spacex.com
Headquarters address
1 Rocket Road, Hawthorne, California, USA
Year founded
2002
LATEST China Science NEWS

Japanese Astronomical Society ex-president Shigeru Ida joins China’s Westlake

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Could China’s lunar laser tower bring Nikola Tesla’s free energy dream to life?

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The Earth rises over the lunar horizon. China and the United States have stepped up efforts to establish a long-term presence on the moon. Photo: Shutterstock

What happened before Chinese scientist Wang Danhao took his life in the US?

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Wang Danhao had secured a faculty position at the University of Science and Technology of China in Hefei, his alma mater, and was planning to fly back to China in May, according to a source. Photo: Handout

China’s reusable rocket feat lights up the web: is SpaceX set to lose its crown?

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A drone photo shows the capturing of the returned first stage of the Long March-10B carrier rocket on a seaborne platform via a net-capture system, near Wenchang in southern China’s Hainan province on July 10. Photo: Xinhua via AP

Chinese team’s wearable dopamine patch could be used to track depression

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A drone photo shows the capturing of the returned first stage of the Long March-10B carrier rocket on a seaborne platform via a net-capture system, near Wenchang in southern China’s Hainan province on July 10. Photo: Xinhua via AP
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China’s reusable rocket feat lights up the web: is SpaceX set to lose its crown?

The space race just became a real race again, says one online commentator, after net-and-cable recovery of rocket booster sparks awe.

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Long March-10B: China’s net-capture rocket joins space race with edge on SpaceX

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Opinion | A healthy economy isn’t built on asset bubbles and debt pyramids

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Russia deploys powerful jammers to disrupt Starlink in war against Ukraine’s drones

Kyiv’s ‘mid-strike’ drone campaign causes Russia problems – but the Russians are developing ways to counter the strikes.

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Ukrainians prepare a Zozulia mid-strike drone for flight, at an undisclosed location in southern Ukraine. Photo: Reuters
Banking & finance

Hong Kong’s IPO surge

Hong Kong’s initial public offerings jumped 73 per cent in the first half of 2026, driven by listings from Chinese technology companies. Still, even with a robust pipeline, the city is unlikely to hold onto its IPO crown this year.

Artificial intelligence

AI computing stock panic over Meta rumour ‘erroneous’, analysts say

Fears of AI hardware glut not warranted, as ‘Meta’s data centre and compute procurement will accelerate, not slow down’, SemiAnalysis says.

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Hong Kong stock market

Hong Kong stocks tumble amid first-half global rally

Investors in Hong Kong have missed out on an AI chip boom, while also suffering amid concerns about China’s economy.

Hong Kong investors missed out on the global AI stock frenzy. Photo: EPA
IPO

Hong Kong loses IPO crown as swelling wave of Chinese tech no match for SpaceX

With Chinese technology giants fuelling an ‘A-to-H’ listing boom, Hong Kong appears to be on the rise as their ‘fundraising venue of choice’.

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China’s private sector

Final insurance frontier: Hong Kong sees opening in mainland China’s space boom

Like maritime trade centuries ago, the space economy is built on high-risk, high-value journeys. Hong Kong wants to be its insurance hub.

Science

China leads in GPS-style, reconnaissance and anti-satellite abilities, US report says

China is closing the space innovation gap with the United States and could take the lead if Washington doesn’t act, think tank warns.

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Shenzhou-21 astronaut Wu Fei performs extravehicular activities outside China’s orbiting space station in April. Photo: Xinhua
Banking & finance

How AI boom exposes investors to risk, while a downturn could see a fast crash

Bank for International Settlements says AI funding is funnelled through loosely regulated private credit channels, raising stability fears.

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Investors are funding AI through hedge funds and private credit vehicles which may expose them to financial risk in the event of a downturn which could see a fast, sharp crash, according to the Bank for International Settlements. Photo: Reuters
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Hong Kong is betting on integration with mainland China but what are the risks?

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United States

US billionaire Leon Black defends US$158 million paid to Epstein

‘I knew Jekyll. I didn’t know Hyde,’ the investor – who features prominently in the Epstein files – told US lawmakers.

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Opinion | Hong Kong can take the regulatory high road amid US-China AI decoupling

As a global ‘sovereign AI premium’ emerges and US weaponisation of AI models triggers panic, Hong Kong can bridge diverging AI ecosystems.

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Anthropic’s US-ordered shutdown of AI models showed a nation’s digital ecosystem could be paralysed overnight by foreign regulatory caprice. Photo: Reuters illustration
United States

US stocks slide, as Wall Street gets AI wake-up call

The tech rout engulfed global stocks as worries about frothy valuations ignited a fresh bout of volatility.

The Wall Street entrance to the New York Stock Exchange is seaen in November 2022. Photo: Reuters
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China’s new ‘super fuel’ could help Long March rockets increase payload by 10%

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How are Chinese firms faring as AI and tech reshape global market cap rankings?

Tencent leads pack, but country’s largest listed firms remain dominated by state-owned banks, energy producers and consumer brands.

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Elon Musk

Video | Could the world’s second trillionaire come from China?

China is seeing growth in its tech uber-rich as AI and other hard technologies drive wealth creation.

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Artificial intelligence

China to match Anthropic’s top AI model in 2026, Zhipu founder tells Musk

Global No 2 ranking for Zhipu’s breakthrough AI model triggers Musk exchange over whether China can close gap with US sooner than expected.

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Hong Kong economy

Hong Kong to roll out measures boosting offshore yuan trading in July

Government wants more listed firms trading stocks in renminbi and will use city’s hub status to help mainland Chinese firms expand overseas.

Artificial intelligence

Letters | SpaceX’s historic IPO ignites investor appetite for space AI

Readers discuss how investor confidence in commercial space could benefit China, the US-Iran interim peace agreement, Japan’s 2-2 draw with the Netherlands in the Fifa World Cup, and the musical legacy of Anders Nelsson.

SpaceX CEO Elon Musk, displayed on a screen remotely from SpaceX headquarters in Starbase, Texas, speaks before the launch of SpaceX’s IPO at the Nasdaq MarketSite in New York City on June 12. Photo: AFP / Getty Images / TNS
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Opinion | AI has been known to hallucinate. So have financial markets

Stock markets are booming on the assumption that US tech giants will deliver, but as liquidity becomes scarce, a reality check will ensue.

A sign displays outside Nasdaq on the day of SpaceX’s initial public offering in New York on June 12. Photo: Reuters
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SpaceX bankers prepare for potential US$20 billion bond offering, sources say

The offering ⁠would mark the first time the rockets-to-AI company has issued investment-grade dollar ‌bonds.

Banking & finance

Global investors still in China’s orbit despite SpaceX IPO: HKEX chief

HKEX chief Bonnie Chan says global investors remain focused on China’s innovation story.

Aerospace: Science

Video | What is space computing?

Driven by AI’s massive power demands and satellite bandwidth limits, tech giants and superpowers are moving data centres into orbit.

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SCMP Highlights

Nvidia, Apple HQs caught on camera; Nasa’s Artemis flaws: 7 science highlights

From a Chinese firm releasing images of Nvidia and Apple HQs to SpaceX’s IPO, here are some highlights from SCMP’s recent science reporting.

A satellite image of Nvidia’s headquarters in Santa Clara, California was among the photos released on Monday. Photo: Changguang Satellite
Hong Kong economy

Opinion | Can Hong Kong make a giant leap to commercial space insurance?

The explosive growth of China’s commercial space business, combined with geopolitical realities, gives the city a captive market.

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United States

SpaceX vaults past Amazon’s market value, briefly topping Microsoft

Elon Musk’s company was worth roughly US$2.655 trillion at closing – some US$800 billion more than at its record IPO last week.

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