China's LandSpace lands rocket booster; joins SpaceX and Blue Origin with reusable tech
Chinese startup LandSpace successfully recovered the first stage of its Zhuque-3 rocket, becoming the third private company to land an orbital-class booster. This achievement, which occurred during its second attempt, narrows the gap with U.S. firms SpaceX and Blue Origin. LandSpace aims to raise $1.11 billion through an IPO to expand its reusable launch services by 2029.