Tag

Zhuque 3

All articles tagged with #zhuque 3

SpaceX stock slips as unlocks loom, Starship update and China rocket milestone
business1 month ago

SpaceX stock slips as unlocks loom, Starship update and China rocket milestone

SpaceX stock SPCX closed the week down, retreating toward its IPO price as another round of employee/investor share unlocks freed about 319 million shares, with roughly 88% of SpaceX’s total 13 billion shares set to unlock through 2027. Earlier unlocks helped the stock bounce, but the larger supply waves remain. CEO Elon Musk also said Starship’s first reflight could occur by year‑end or early next year, with a downstream tower‑catch milestone pending testing. Separately, China’s LandSpace achieved a land-based recovery of the Zhuque-3 first stage on its second orbital flight, narrowing the reusable-rocketry gap with SpaceX, which has completed hundreds of booster landings since 2015.

China achieves on-land reusable booster recovery, signaling broader space and security aims
defense1 month ago

China achieves on-land reusable booster recovery, signaling broader space and security aims

China’s LandSpace completed the first on-land recovery of an orbital-class booster with the ZhuQue-3, landing the first stage at its Minqin facility after an Aug. 19, 2026 flight that also deployed the Honghu 03 satellite. This builds on CASC’s prior sea recovery of a booster and underscores a push toward cheaper, faster launches that could accelerate China’s access to space and strengthen its military-space capabilities, potentially narrowing the gap with SpaceX. Analysts note China’s rapid progress, with experts warning the pace of development could impact U.S. space and security dynamics as China expands its satellite networks and related capabilities.

SpaceX stock slips as Chinese rocket milestone and big unlock loom
markets1 month ago

SpaceX stock slips as Chinese rocket milestone and big unlock loom

SpaceX (SPCX) shares fell roughly 2.6% after hours as LandSpace’s Zhuque-3 achieved a land-based booster recovery, a Chinese milestone that narrows SpaceX’s lead in reusable rockets. The stock also faces a big unlock: about 319 million SpaceX shares become tradeable Thursday as part of a Day 70 tranche that could release around 88% of SpaceX’s 13 billion shares through 2027; additional tranches are planned in November and December, and Elon Musk’s 6.42 billion shares stay locked until 2027. Despite the unlock pressure, SpaceX remains ahead on launch cadence and Starlink revenue.

Zhuque-3 lands its first stage, accelerating China's reusable-rocket push
technology1 month ago

Zhuque-3 lands its first stage, accelerating China's reusable-rocket push

China’s LandSpace successfully recovered the first stage of its Zhuque-3 orbital rocket on land, marking the second booster recovery by a Chinese company and underscoring China’s accelerating push into reusable launch tech amid a broader global race to-scale and cadence. The mission delivered a satellite to orbit and detailed plans to reuse boosters multiple times, while noting other Chinese rockets are pursuing similar capabilities, with SpaceX and Blue Origin remaining ahead on launch pace.

SpaceX in the spotlight as rival rocket milestone collides with looming share unlocks
finance1 month ago

SpaceX in the spotlight as rival rocket milestone collides with looming share unlocks

SpaceX shares (SPCX) remain in focus after China’s LandSpace recovered the Zhuque-3 booster and delivered satellites, signaling rising competitive pressure even as SpaceX maintains leadership in reusable flight; the stock also faces a wave of share unlocks, with around 319 million SPCX shares becoming tradable on Day 70 and further large unlocks through 2027, while SpaceX’s IPO price has been revisited with Aug. 10 trading and Elon Musk’s 6.42 billion shares staying locked through 2027.

China’s LandSpace nails first land-based booster recovery on Zhuque-3 in second orbital flight
space1 month ago

China’s LandSpace nails first land-based booster recovery on Zhuque-3 in second orbital flight

Private Chinese firm LandSpace successfully recovered the first stage of its Zhuque-3 rocket on land during its second orbital flight, marking China’s first private company to achieve an orbital-stage booster landing on solid ground. The mission also delivered the Honghu 03 satellite to orbit, underscoring China’s push toward reusable launch technology and drawing a parallel to SpaceX’s landings, with Zhuque-3 using a methalox propulsion similar to Falcon 9's approach.

LandSpace bets on Aug. 10 for Zhuque-3 orbital booster landing
space2 months ago

LandSpace bets on Aug. 10 for Zhuque-3 orbital booster landing

China’s LandSpace is targeting Aug. 10 for a fourth attempt to recover the Zhuque-3 orbital booster from Jiuquan spaceport. After its 2025 debut, which reached orbit but saw the first stage explode on descent, a June 29 static-fire test validated the vehicle ahead of flight. Zhuque-3 is a 66-meter methane–oxygen rocket capable of delivering about 18,300 kg to LEO, and the mission will pursue a powered descent and landing similar to Falcon 9, continuing China’s evolving rocket-reusability efforts alongside other booster tests like Long March 10B/12A.

China prepares for maiden flight of reusable Zhuque-3 rocket
science-and-technology11 months ago

China prepares for maiden flight of reusable Zhuque-3 rocket

Landspace is preparing for China's first orbital launch and potential first-stage recovery of its Zhuque-3 rocket, which aims to deliver cargo to the Tiangong space station. The launch, possibly in November, marks a significant step for China's private space sector and reusable rocket technology, following a series of test preparations and previous rocket failures.

"Chinese Startup Landspace Achieves Milestone with Reusable Rocket Test"
space-technology2 years ago

"Chinese Startup Landspace Achieves Milestone with Reusable Rocket Test"

Chinese startup Landspace successfully launched and landed a test version of its reusable rocket prototype, Zhuque-3, at the Jiuquan Satellite Launch Center in Inner Mongolia. The rocket reached an altitude of 1,150 feet and landed within 7.9 feet of its target, marking a significant milestone for the company's goal of developing a reusable launch vehicle. Landspace aims to start flying the Zhuque-3 in 2025, with the rocket capable of carrying up to 40,350 pounds to low Earth orbit in reusable mode. Other Chinese companies, including iSpace, Galactic Energy, and Orienspace, are also working on developing reusable launch vehicles.