China Carries Out Maiden Rocket Launch From Commercial Site

A Long March-12 Y1 carrier rocket carrying two experimental satellites blasts off from the Hainan commercial spacecraft launch site on Nov. 30.
Photographer: VCG/Getty Images

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By Bloomberg News

December 1, 2024 at 3:56 AM UTC

This article is for subscribers only.

China launched its first rocket from a new commercial space site on Saturday night as the country attempts to expand its presence in a business currently led by Elon Musk’s SpaceX.

The rocket successfully placed two experimental satellites into orbit, China Central Television reported.