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Disaster! China fund Billions Dollars on Copy SpaceX Rocket, Elon Musk laugh... === #greatspacex #elonmusk #spacex #nasa == Advertisers who want to place ads on our channel, please contact the email manager: [email protected] === SpaceX Starship SN Be the first to sponsor us Thank you. https://www.patreon.com/GreatspaceX?f... === Disaster! China fund Billions Dollars on Copy SpaceX Rocket, Elon Musk laugh... How can anyone compete with SpaceX? Every aerospace organization has its own strategy, but China stands out with its aggressive approach—copying and rapidly iterating. Backed by massive government support and private investment, China’s space sector is advancing fast. A key example is iSpace, which recently secured major funding to accelerate development, refine rocket technology, and advance reusability. But will this be enough to close the gap with SpaceX? Let’s dive into their progress on today’s episode of Great SpaceX. Disaster! China fund Billions Dollars on Copy SpaceX Rocket, Elon Musk laugh... For those unfamiliar with Chinese aerospace, iSpace—officially known as Beijing Interstellar Glory Space Technology Company Limited—might not ring a bell. However, it stands out as one of China's most prominent private aerospace companies, primarily due to its strategy of closely mimicking SpaceX with its Hyperbola rocket series. Recently, iSpace has once again secured significant backing. On March 11, the company announced a Series D funding round worth "several hundred million yuan," translating to tens of millions of dollars. This investment comes from the Sichuan provincial industrial fund, backed by Sichuan Development (Holding) Company Limited and led by the Sichuan Tianfu Xinyun Digital Economy Development Fund Company Limited. Disaster! China fund Billions Dollars on Copy SpaceX Rocket, Elon Musk laugh... This latest funding follows the Series C and C+ rounds announced last September, which supported the development of Hyperbola-3. These rounds have also benefited other Chinese aerospace firms, including Deep Blue Space, with investments often reaching tens of millions of dollars. With this strong financial backing, iSpace has the resources to advance its flagship rocket, Hyperbola-3—an unmistakable attempt to replicate SpaceX’s designs. ---- We use images and content in accordance with the YouTube Fair Use copyright guidelines: https://www.youtube.com/intl/en/about... Any questions about copyright please send us via Gmail: [email protected] To be resolved, thank you.