China accelerates “space race” bid to challenge SpaceX—while Starlink’s business aviation pricing jumps and SpaceX faces IPO-era
New reporting says China is preparing to challenge SpaceX’s edge in launch and space-enabled services, including an IPO-driven push by multiple Chinese aerospace firms. In parallel, SpaceX has raised Starlink pricing for business aviation with new regional restrictions and a global “unlimited” tier at $20,000/month, as SpaceX shares fall amid lockup-expiration and concerns over Starship/Starlink spending.