Is This Chinese Company the Next SpaceX?
You'll never guess where the latest challenge to SpaceX is coming from. Well ... unless you read the title up above. Okay, I guess I should come right out and say it: It's China.
Earlier this month, a previously unheard-of space company by the name of Link Space Aerospace Technology Inc. made its grand entrance onto the "new space" stage, publishing a presentation describing its plan to develop a reusable "New Line-1" rocketship mimicking SpaceX's Falcon 9. But what is Link Space exactly, and how does it plan to challenge Elon Musk and his Amazing Rocket Factory?
Link Space has a business model. It's got a rocket. But can it win the race to space? Image source: Link Space.
Source: Fool.com
