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I confirm my intention to proceed and enter this website Please direct me to the website operated by Ultima Markets , regulated by the FCA in the United KingdomIf you’re searching “landspace”, you might be wondering the bigger question behind the name.
Can China’s LandSpace really challenge Elon Musk’s SpaceX, or is it still years away from matching SpaceX’s reusable rocket playbook?
That’s exactly what this article unpacks. We’ll look at why LandSpace Technology Corporation, a Beijing based private rocket company, is being compared to SpaceX in the first place, and what it has actually proven so far.
LandSpace is one of the commercial space startups that emerged after China opened parts of its space sector to private capital in 2014. It aims to provide domestic launch services at a lower cost and higher frequency than traditional state led approaches, with reusability as the long term lever.

In practical terms, landspace is trying to build the kind of launch cadence that supports large scale satellite projects, where the cost per launch and the ability to fly often matter as much as raw performance. Reuters links that direction to China’s ambition to deploy massive satellite constellations in the coming decades.
LandSpace’s rockets are strongly associated with methalox, meaning methane plus liquid oxygen. This choice is not just about novelty. Methane is widely seen as a strong fit for modern reusable rocket designs, partly because it supports cleaner operations and reuse friendly engineering choices.
LandSpace itself has framed methane engines as especially suited to reusable rockets, while acknowledging that harnessing them at orbital scale is technically difficult.
The milestone that put landspace on the world stage came in July 2023, when Zhuque 2 reached orbit and was widely described as the first successful orbital launch using methane and liquid oxygen.
That achievement mattered beyond the headline. It showed LandSpace could build and operate advanced cryogenic propulsion systems, which is the technical base you need before you can even start serious reusability testing.

LandSpace continued iterating. In May 2025 the improved Zhuque 2E deployed six satellites, and the report highlighted technical work such as using super chilled propellants to increase thrust.
Real credibility also comes from acknowledging setbacks. Public launch records and reporting indicate an August 2025 Zhuque 2E flight suffered an anomaly, which is a reminder that reliability is earned through repeated flights and lessons learned, not just a single milestone mission.
If Zhuque 2 proved methane to orbit, Zhuque 3 is the attempt to prove something harder: a reusable first stage.
Reuters describes Zhuque 3 as a larger stainless steel rocket designed to carry roughly 20 to 25 tonnes to low Earth orbit and built with reusability in mind.
In Zhuque 3’s maiden flight on December 3, 2025, LandSpace attempted a full recovery sequence. The mission did not end with a successful landing. Reuters reported the booster was not able to activate its planned landing burn about 3 km above the ground, and it crashed rather than completing a controlled landing.
This detail matters because it clarifies the gap LandSpace is trying to close. Reusability is not a single “yes or no” capability. It is a chain of events, and Zhuque 3 is now working through the hardest part of that chain.
One of the most interesting parts of the LandSpace story is not just hardware, but mindset.
Many competitor pages skip this angle. LandSpace’s Zhuque 3 chief designer Dai Zheng described SpaceX’s ability to push to failure, identify limits, and iterate quickly, contrasting it with the more risk averse traditions of China’s state dominated space sector.
The fact that failed recovery attempts have been discussed more openly in Chinese coverage suggests the ecosystem is gradually getting more comfortable with trial, error, and rapid improvement.
LandSpace’s SpaceX comparison comes from two places.
First, it is the design logic. LandSpace has openly studied what works, especially the Falcon 9 style approach to a recoverable first stage, and framed it as learning rather than copying.
Second, it is the market logic. SpaceX proved that the biggest cost saver is not a slightly better engine, it is reuse and cadence. Reuters notes SpaceX’s Falcon 9 cadence is about 150 launches a year, while China’s entire rocket industry combined is around 100 launches in a year, highlighting how large the gap is in industrial ecosystem and operational tempo.

Elon Musk has also commented publicly on Zhuque 3’s design direction, recognising the blend of modern materials and methalox propulsion with a Falcon 9 style architecture, while also emphasising that SpaceX’s next generation system sits in another league. This is useful context because it frames landspace as a serious learner in the reusable era, without implying it is already on SpaceX’s level.
Reusable rocket development is expensive because it requires repeated test flights, rapid redesign, and accepting failures along the way. That is why LandSpace’s IPO planning and the broader policy push to help commercial space firms access capital markets have become part of the story.
In simple terms, reusability is not only an engineering challenge. It is also a funding challenge. The faster LandSpace can fund test cadence, the faster it can improve landing reliability and move from prototypes to repeatable operations.
If you want a simple checklist for 2026, here’s what to watch:
A second test flight targeting a successful booster recovery and landing.
If recovery succeeds, LandSpace has indicated it aims to fly a reused first stage on the fourth flight.
LandSpace has outlined a plan for around 10 launches in 2026 across its models, which will be a key signal of production and operational maturity.
LandSpace has already proven it can do something that once seemed out of reach for a private Chinese startup: reach orbit with a methane fuelled rocket and iterate into improved variants. Now it is in the most difficult phase, where success is defined by a booster that comes back safely and can fly again.
If landspace achieves a controlled booster recovery in 2026 and follows it with a reused booster flight, the story stops being about comparisons and starts being about performance. That is the moment LandSpace moves from “promising” to “proven.”
Disclaimer: This content is provided for informational purposes only and does not constitute, and should not be construed as, financial, investment, or other professional advice. No statement or opinion contained here in should be considered a recommendation by Ultima Markets or the author regarding any specific investment product, strategy, or transaction. Readers are advised not to rely solely on this material when making investment decisions and should seek independent advice where appropriate.