Pakistan, Dec. 29 -- China's private rocket startup LandSpace is emerging as a formidable competitor to Elon Musk's SpaceX, seeking to revolutionize the nation's aerospace sector with innovative reusable rocket technology and commercial launch capabilities. The company's ambitions signal a major shift from traditional state-run approaches in China's space industry, which historically avoided high-risk ventures.

Earlier this month, LandSpace conducted its first reusable rocket test with the Zhuque-3 rocket, which ended in failure, yet the attempt demonstrates the company's commitment to rapid iteration and pushing technological boundaries, similar to SpaceX's early experiences. Chief designer Dai Zheng noted that SpaceX's focus on reusabi...