China builds a rival satellite constellation as SpaceX goes public
AI Summary
A Chinese state-backed satellite company is developing a satellite constellation to rival SpaceX's Starlink ahead of SpaceX's historic IPO. This move involves new partnerships with governments previously aligned with SpaceX, indicating heightened competition in global satellite technology.
A Chinese state-backed satellite company is signing the partners and governments Starlink has pushed aside, days before SpaceX’s record listing.