The Chinese government is increasing private sector investments in space! SDN

You’ve probably seen the Chinese Elon Musk video somewhere. The video, which starts as “Hi, I am Elon Maa”, features a Chinese person imitating Musk; He was very popular on social media with his clothing, haircut and the Tesla Model S he was filming in front of. All jokes aside, we can say that China is really looking for its own Elon Musk. The government is making proposals to the private sector for the establishment of a Chinese SpaceX company. Here are the details…

The Chinese increased investments in the private sector to establish their own SpaceX!

The Chinese Space Agency, which sent three astronauts who have been working at the Tiangong space station since May back to Earth yesterday, wants to work with private sector companies for future missions. In this context, the Chinese Space Agency, which has increased private sector investments, wants to establish its own SpaceX and put its own Elon Musk at its helm.

Regarding the issue, deputy agency director Lin Xiqiang stated at the press conference held one day before the launch of Shenzhou 17, which sent three astronauts into space, that they received offers for rockets specially developed for cargo carrying trips to the Chinese space station. In this context, he pointed out that they are more positive towards private sector investments and that Chinese versions of organizations such as SpaceX should be established.

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He later added, “Through the open tender, we are pleased to see that China’s private commercial space companies are developing and growing rapidly, and their excitement about participating in human space missions is also high.” Stating that they will provide support to companies through open tender or investment, the Chinese Space Agency has not yet shared information about the size of the investments or the companies interviewed.

Currently, private sector companies are expected to apply to the China Space Agency with their new projects and proposals. The government’s goal is clear: to ensure the establishment of private and commercial space companies such as SpaceX in China and to increase their number.

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