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China's Long March-10B rocket feat lights up social media: is SpaceX set to lose crown?

Published

11 July 2026

Topic

market

Sectors

Space Tech

Geography

ChinaUnited States

Source

Read at amp.scmp.com

Verified

Fusion42 · 12 July 2026 · Fusion42 review

China successfully recovered a reusable Long March-10B rocket booster using a novel sea-based net-and-cable system, breaking SpaceX's decade-long monopoly on economical rocket reuse. Goldman Sachs simultaneously raised LEO satellite deployment forecasts sevenfold to 305,000 units by 2031, citing reusable rocket breakthroughs as the enabling technology.

This Wire brief sits within Fusion42's coverage of Space Tech.

◆ The Wire takeaway

Launch costs just halved at scale, and there are now two suppliers instead of one. If you're building anything that needs orbit access—comms, Earth observation, data services—your unit economics and timeline to deployment have shifted this week.

Coverage

1 source · 11 Jul 2026

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Topics

Space Techreusable-rocketsleo-deploymentlaunch-economicssatellite-constellationscost-reduction