China’s Space Boom: 2025 Market Report Reveals a $350 Billion Space & Satellite Superpower
China’s commercial space market is projected to exceed ¥2.5 trillion ($350 billion) in 2025, with over 500 companies now operating and dozens of missions launched annually. State-owned CASC leads more than 70 launches per year, while startups like iSpace and LandSpace have reached orbit and billion-dollar valuations. In 2024, Chinese space startups raised a record $2.17 billion, triple the previous year. China aims for a crewed Moon landing by 2030 and expanded Mars missions.