SpaceX Draws Attention: Chinese State Media Reports Over 10 Commercial Aerospace Firms Rushing for IPO

(CNA, Taipei, 15th) SpaceX, the space technology company led by American billionaire Elon Musk, recently went public, sparking significant attention among China's tech sector, investors, and the general public. Chinese state media reported today that China's commercial aerospace industry is entering a period of rapid growth, with over ten companies in the supply chain racing toward IPOs this year. Meanwhile, capital market interest in commercial aerospace is shifting from conceptual appeal to tangible capabilities such as order acquisition, mass production, and commercialization.

According to CCTV News, citing research reports from securities firms, the overall valuation of China's commercial aerospace industry has already surpassed 1 trillion RMB (approximately 4.65 trillion TWD).

The report notes that as the global commercial aerospace industry accelerates, China's sector is also entering a rapid growth phase. Data shows that by the end of 2025, the total number of commercial aerospace companies in China has exceeded 600. The total financing amount for these companies in 2025 reached approximately 18.6 billion RMB, a 32% increase from the previous year.

On the policy front, commercial aerospace has been included in China's 'Government Work Report' for two consecutive years. The outline of the '15th Five-Year Plan' (2026–2030) also calls for accelerating the construction of a 'space power'.

In the capital markets, the STAR Market has designated commercial aerospace as a 'key supported sector'. Statistics show that over ten commercial aerospace supply chain companies have already begun preparing for IPOs this year. Against the backdrop of expanding industry potential, capital market attention in China is shifting from 'early-stage concept-driven' to capabilities such as order acquisition, mass production, and commercialization.

After SpaceX's listing on the 12th, it sparked heated discussion among Chinese netizens, many of whom compared SpaceX with China's aerospace industry. In response, 'Chang'an Street Knowledge Officer', a WeChat public account under the Beijing Daily, published an interview with a space expert on the 13th, claiming that 'China neither needs nor can replicate SpaceX' and suggesting China has the opportunity to leapfrog, sparking debate and mockery, with some accusing it of 'officially directed narrative control' and attempting to cool public enthusiasm. (Editors: Qiu Guoqiang / Lu Jiarong) 1150615