SpaceX playbook set to fuel China's IPO ambitions but tech gap persists
Published on: June 12, 2026, 3:34 p.m. | Source: The Economic Times
In China, the initial public offering was watched as a benchmark for a younger industry eager to go public. But the frenzy masks a fundamental gap, with firms going public ahead of meaningful revenue and without the proven technology that underpins SpaceX's economics, a mismatch analysts say will cap valuations.
