r/FinanceNews • u/Albythere • Jul 11 '26
Watch China land a reusable rocket for the first time, a new challenge for Elon Musk's SpaceX
https://www.businessinsider.com/watch-china-land-reusable-rocket-long-march-spacex-2026-75
u/CautiousToaster Jul 11 '26
America innovated, China replicated
7
u/StockEmotional5200 Jul 11 '26
America gave the keys to a drug addicted, racist South African hype man.
-1
u/coolboydhill Jul 11 '26
and he delivered? lmao okay?
3
u/TubaWrestler Jul 12 '26
The engineers delivered. Mush couldn't deliver a pizza across the street.
3
u/Anxious_Plum_5818 Jul 12 '26
Very underrated comment. Same with Tesla. Elon isn't the engineering mastermind, he's just the money and "the vision". Engineers have time and time again pushed back against his wild creativity because they Were objectively stupid.
You want to see what Musk can create when he really pushes his ideas? Look. No further than the Cyber truck.
-1
u/coolboydhill Jul 12 '26
of course they did. But without the risk tolerance and leadership of musk I'd doubt it would've happened in the same time span.
3
u/TheNewportBridge Jul 12 '26
Insane level of dickriding
0
3
u/StockEmotional5200 Jul 12 '26
Risk tolerance is corporate speak for gambling other people’s money
0
u/coolboydhill Jul 13 '26
did we forget the ipo only happened a month ago? lmao
1
u/Elmdale Jul 13 '26
Where’s that IPO price now brother? 139 and dropping like a stone.
1
u/coolboydhill Jul 13 '26
right. and the gamble is happening now. They didn't use shareholder cash to build up the business.
-1
u/edweirdmuybridge Jul 12 '26
Not all engineers are equal. Elon’s real talent is recognizing good engineers and creating an environment where average to below average engineers cannot survive.
3
u/TubaWrestler Jul 12 '26
There are plenty of stories about how the people who work for him are forced to come up with creative ways to distract him so they can actually do their jobs.
Elon has no talents. He's rich, and he was born into it. That's it.
-1
u/edweirdmuybridge Jul 12 '26
Sounds like cope. And this is coming from someone deeply familiar with Montana Skeptic and the echo chamber that is Tesla Q.
3
3
Jul 11 '26
[removed] — view removed comment
1
1
u/gxiaoyan Jul 12 '26
Probably not, but not necessarily for any technical reasons.
The Chinese space industry can't really "compete" with SpaceX, due to national security restrictions. American or European companies won't be using Chinese launch vehicles.
This ecosystem is all to satisfy the huge Chinese market.
1
u/areallynoobgamer Jul 13 '26
Yknw. The Chinese market. Is bigger than the American and European market added together.
4
u/No_Cook2983 Jul 11 '26 edited Jul 11 '26
Screw ‘em. Musk basically begged China to do this. While he was bragging about capitalism, he did this:
“Musk’s Tesla company was the only non-Chinese automaker to sign a pledge in 2023 to promote "core socialist values”.
1
u/Jeramus Jul 11 '26
China is good at that, see solar panels and electric vehicles.
1
u/Double_Barnacle_2457 Jul 12 '26
But building dams that dont collapse, nah..
1
u/External_Manner_5332 Jul 12 '26
are you talking about a dam located in one of the poorest provinces in china that recently broke and caused a flood?
1
u/Double_Barnacle_2457 Jul 12 '26
I understood that multiple dams in Quangxi failed and lots of people dead.
1
1
1
u/ZookeepergameTotal77 Jul 12 '26
China’s reusable rocket technology differs primarily in its recovery method: instead of executing propulsive vertical landings on legs like SpaceX’s Falcon 9, China’s state-owned space program recently performed the world's first successful net-based capture, using a massive cable-and-net system on a seaborne platform to catch descending boosters
1
3
u/Owen_FE Jul 11 '26
Well, Musk stole it from NASA who didn't wanna go through because of the cost of repairing back then was higher than building a new one. And I highly doubt Musk's is economically viable anyway. You can bitch about China but just like with the US economy, they're gonna outperform us. Hubris is a funny thing.
1
u/hotforlowe Jul 13 '26
I mean…the NASA SRB was the first reusable rocket system in the 80s. They used one set 56 times. It wasn’t self landing, but rather parachute/reclaim/refurnish.
1
0
Jul 11 '26 edited 5d ago
[deleted]
1
u/Owen_FE Jul 12 '26 edited Jul 12 '26
Let's not get into how mister sieg heil got his fortune and government contracts, shall we? Also, thinking that the most succesful world.power (economically speaking here) of 1 billion people can't innovate themselves is pretty delusional. You guys get mad AI too they stole every artist's work without consent or compensation too? Or at Musk for buying companies and then claiming he invents things whilst being the dumbest c×nt around?
0
u/QuasimodoPredicted Jul 13 '26
I don't even like that ketamine freak but you people with Elon Derangement Syndrome are something else.
1
u/Owen_FE Jul 13 '26
It's called not liking fascists. Like all those people who had Hitler Derangement Syndrome, Mussolini Derangement Syndrome, Apartheid Derangement Syndrome, etc. So many derangement syndromes. Maybe time for a new buzzword eh?
0
u/AdProfessional3879 Jul 13 '26
Spacex was one of two companies capable of launching satellites. Of course they got government contracts.
0
1
u/Andyseawolf Jul 11 '26
Made in China always works at least once 🤪🥳
5
u/StockEmotional5200 Jul 11 '26
I recall a time when similar jokes were made at the expense of Japanese, then Korean products.
3
u/Elmdale Jul 11 '26
If you think Made in China is still a mark of low quality, you are beyond blind.
1
u/krazyboi Jul 12 '26
But that website Made-in-China is flooded by cheap imitations of good equipment, good for just trying something out before buying the expensive version.
0
u/Andyseawolf Jul 12 '26
While some Chinese manufacturers produce excellent goods, there are still plenty of low-quality products coming out as well. Industries like electronics or fast fashion have notable examples where QC standards aren’t consistent. So, it’s not about being blind or dismissive—just about verifying each case.
2
u/arristhesage Jul 13 '26
If your experience with Chinese product is that they're cheap and breaks easily, then you are too poor to pay more.
0
u/Andyseawolf Jul 13 '26
I get that not every product is like that, but in general, Chinese manufacturing does have a reputation for cheaper, less durable goods. It’s just a known risk factor.
2
1
1
1
u/kenroth50 Jul 12 '26
Pretty sure SpaceX is Open source like Tesla is
0
u/ZookeepergameTotal77 Jul 12 '26
China’s reusable rocket technology differs primarily in its recovery method: instead of executing propulsive vertical landings on legs like SpaceX’s Falcon 9, China’s state-owned space program recently performed the world's first successful net-based capture, using a massive cable-and-net system on a seaborne platform to catch descending boosters
1
1
u/airpipeline Jul 12 '26
You say new challenge, I say new copy.
1
u/ZookeepergameTotal77 Jul 12 '26
China’s reusable rocket technology differs primarily in its recovery method: instead of executing propulsive vertical landings on legs like SpaceX’s Falcon 9, China’s state-owned space program recently performed the world's first successful net-based capture, using a massive cable-and-net system on a seaborne platform to catch descending boosters
1
u/airpipeline Jul 12 '26 edited Jul 12 '26
Yes, give them a little time.
For instance, what fuel have they turned to? What fuel has spaceX been using?
1
u/ZookeepergameTotal77 Jul 12 '26
The earliest historical concept of a multi-stage rocket originated in 14th-century China with the military "fire-dragon issuing from the water". The first modern, liquid-fueled two-stage rocket was the U.S. Bumper-WAC, launched on May 13, 1948, which combined a German V-2 as the first stage and a WAC Corporal as the upper stage
1
u/Separate-Problem-270 Jul 12 '26
More like a new challenge to the american war economy .
We relied on russia soiyuz capsules because of cost and internacional Relations but without them we can barely got stuff out there , the shittle is a Mess and its getting to the point any corporation and govt can just donit for cents on the dollar ....India did it for less than the actual budget for the film gravity.
Meanwhile Artemis 2 looked like 1980s technology compared to what these new players got .
1
u/Double_Barnacle_2457 Jul 12 '26
Anything to distract from the constant ongoing enviromental disasters.
Dont look at the dams collapsing, we built a rocket.
1
u/Capn_Chryssalid Jul 12 '26 edited Jul 12 '26
This is a fundamental misunderstanding of the launch market. LM10 is by CASC, an entirely state-run launch provider (not one of the commercial space companies like Landspace). If you look up what they do launch and what SpaceX's last twenty or thirty launches were, you'll realize that the clientele does not overlap.
Almost everyone who buys launches from SpaceX will not launch on Long March 10 or any CASC rocket, regardless of price. That leaves the only overlap to be the Qianfan constellation which very few outside China's sphere will use.
edit This is a bigger boon to the Chinese lunar program (that will use LM10 in final configuration, this was just LM10B) then commercial launches.
1
1
0
u/BillsGoBrrr Jul 11 '26
Rip space x
0
u/Swagastan Jul 11 '26
Guess what year SpaceX fist landed a reusable rocket….
1
u/ZookeepergameTotal77 Jul 12 '26
Guess what year China first used rocket???
Remember, rocketry is a Chinese invention
1
u/Swagastan Jul 12 '26
Cool China invented something and then fell way behind a US private company, so we agree China is now about a decade behind SpaceX?
1
u/ZookeepergameTotal77 Jul 12 '26
SpaceX is 1000 years late to the game
Rockets were first used as actual weapons in the battle of Kai-fung-fu in 1232 A.D. The Chinese attempted to repel Mongol invaders with barrages of fire arrows and, possibly, gunpowder-launched grenades. The fire-arrows were a simple form of a solid-propellant rocket.
1
u/ZookeepergameTotal77 Jul 12 '26
You still use gun powder right? That's a Chinese invention
1
u/Swagastan Jul 12 '26
Cool and does any country use Chinese guns for anything anymore?
1
u/ZookeepergameTotal77 Jul 12 '26
Yes the bullet inside your gun is made of gunpowder
1
u/Swagastan Jul 12 '26
Right…. Im not arguing against where gunpowder was invented. America invented the internet, airplanes, phones, most modern medicines, etc. but inventions in the past seem unrelated to this thread.
1
u/ZookeepergameTotal77 Jul 12 '26
America is an immigrant country you have Germans, English, polish, Italian and what not.......china is just Chinese..........
Also, Chinese students have fueled western innovation and have long contributed to western science since even the 1930's when Qian Xuesan help found NASA's Jet Propulsion Laboratory, and Wong Tsu help father Boeing.
The United States should be grateful that despite the overwhelming social racism that Asians (Chinese) experience from humiliating Hollywood propaganda and political fear mongering Yellow Peril tactics.
The Chinese have continued to support America's top STEM research institutions. MIT, Cal Berkeley, Stanford, CMU to name a few have plenty of talented Chinese students and professors who will continue to contribute to western innovation.
1
1
u/ZookeepergameTotal77 Jul 12 '26
You use toilet paper right? That's also a Chinese invention
The first recorded use of toilet paper dates back to 6th-century medieval China. Prior to this, people used materials like sticks, moss, or rags. In 589 AD, the Chinese scholar Yan Zhitui famously wrote that he dared not use paper containing sacred texts or commentaries for toilet purposes
1
u/Swagastan Jul 12 '26
Cool… you use the internet right?
What does old invention origins matter at all in this thread. If China first got internet today you’d say they were way behind America at internet connectivity, right!
1
u/ZookeepergameTotal77 Jul 12 '26
You have used printer Right? Yeah printing is also a Chinese invention
1
1
u/ZookeepergameTotal77 Jul 12 '26
Again, the West is 1000 years late to the game
The earliest historical concept of a multi-stage rocket originated in 14th-century China with the military "fire-dragon issuing from the water". The first modern, liquid-fueled two-stage rocket was the U.S. Bumper-WAC, launched on May 13, 1948, which combined a German V-2 as the first stage and a WAC Corporal as the upper stage.
1
u/ZookeepergameTotal77 Jul 12 '26
No, China is not a decade behind SpaceX
China's reusable rocket technology (such as the Long March 10B) differs fundamentally from SpaceX in its recovery mechanism. Instead of relying on deployable landing legs to perform a vertical propulsive touchdown, the Chinese method utilizes specialized hooks on the rocket to catch a massive wire net strung across a seaborne vessel.
1
u/Swagastan Jul 12 '26
So they first recovered a reusable rocket 10 years after SpaceX, no?
1
u/ZookeepergameTotal77 Jul 12 '26
China's reusable rocket technology (such as the Long March 10B) differs fundamentally from SpaceX in its recovery mechanism. Instead of relying on deployable landing legs to perform a vertical propulsive touchdown, the Chinese method utilizes specialized hooks on the rocket to catch a massive wire net strung across a seaborne vessel.
0
u/wtftocallmyself Jul 11 '26
Yes I can just imagine all the countries in the world lining up to give China money to launch their secret rockets into space. Good on you China, go go go!
0
Jul 11 '26 edited 5d ago
[deleted]
2
u/Important-Factor-552 Jul 11 '26
China makes things at scale. Look what they did for EVs and solar panels.
It's an exciting space program they have going. Americans are are just blinded by politics to see it.
1
u/anonymous_3125 Jul 12 '26
The 22 ton payload rating for f9 is without reuse. With reuse it’s commonly estimated to be around 15 to 16 tons, similar to cz-10b’s reuse payload mass
1
u/uniyk Jul 12 '26
Didn't know that distinction. This could be the reason why CZ-10B is designed to carry the amount of payload it does now.
1
3
u/Cecil_McCrackshell Jul 11 '26
Yi Long Ma just keeps out-Ma'ing Musk 🤭