China’s Billionaires Take Low-Profile Route to Exploring Space
- Chinese tycoons adopt different approach to Bezos and Branson
- Investment in satellite makers, rocket-launch operators soars
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Now that Jeff Bezos and Richard Branson have made their trips to space, other billionaires are bound to follow. China’s ultra-rich are also looking for adventure and business opportunities in the skies, but they’ll be keeping their feet firmly on the ground.
The country’s tycoons are steering clear of space tourism and the type of exploration that Elon Musk is pursuing even further afield, instead focusing on businesses like satellite manufacturing and rocket launching that support China’s ambitions in space.