{"id":213386,"date":"2025-12-31T16:19:09","date_gmt":"2025-12-31T16:19:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/213386\/"},"modified":"2025-12-31T16:19:09","modified_gmt":"2025-12-31T16:19:09","slug":"chinas-landspace-targets-1-billion-ipo-in-reusable-rocket-tech-push","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/213386\/","title":{"rendered":"China&#8217;s LandSpace targets $1 billion IPO in reusable rocket tech push"},"content":{"rendered":"\n<p class=\"yf-7hmkaz\">BEIJING, Dec 31 (Reuters) &#8211; China&#8217;s rocket startup LandSpace plans to \u200braise 7.5 billion yuan ($1.07 billion) \u200cin a potential initial public offering \u200cto boost its production and technology for reusable rockets, according to a document released by the Shanghai \u2060Stock Exchange.<\/p>\n<p class=\"yf-7hmkaz\">The \u200cShanghai bourse has accepted LandSpace&#8217;s application to list on \u200dits tech-focused STAR Market, according to its website.<\/p>\n<p class=\"yf-7hmkaz\">China&#8217;s leading private rocket firm, \u200bLandSpace became the first Chinese \u200centity to conduct a reusable rocket test earlier this month, as it geared up to compete with Elon Musk&#8217;s SpaceX.<\/p>\n<p class=\"yf-7hmkaz\">The Shanghai \u2060exchange last week \u200beased IPO rules for \u200bChinese companies developing reusable rockets, part of Beijing&#8217;s efforts \u200dto close \u2060a gap in its space capabilities with the United States.<\/p>\n<p class=\"yf-7hmkaz\">($1 = \u20606.9959 Chinese yuan renminbi)<\/p>\n<p class=\"yf-7hmkaz\">(Reporting by Ethan \u200cWang and Ryan Woo; Editing \u200cby Louise Heavens)<\/p>\n","protected":false},"excerpt":{"rendered":"BEIJING, Dec 31 (Reuters) &#8211; China&#8217;s rocket startup LandSpace plans to \u200braise 7.5 billion yuan ($1.07 billion) \u200cin&hellip;\n","protected":false},"author":2,"featured_media":213387,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[23],"tags":[1657,85,809,46,20166,118687,141,100349,145],"class_list":["post-213386","post","type-post","status-publish","format-standard","has-post-thumbnail","category-space","tag-china","tag-il","tag-initial-public-offering","tag-israel","tag-landspace","tag-reusable-rockets","tag-science","tag-shanghai-stock-exchange","tag-space"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/213386","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=213386"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/213386\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/213387"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=213386"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=213386"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=213386"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}