# Chinese private rocket company LandSpace Technology Co. Ltd. has received the green light to list on Shanghai’s STAR Market.

*aerospace · news · 2026-01-03 · Caixin*

## Key points

- LandSpace Technology is the first Chinese private rocket firm approved for STAR Market listing.
- LandSpace aims to raise 7.5 billion yuan ($1.1 billion) from the IPO.
- Shanghai's STAR Market accepted LandSpace's IPO application on December 31.
- Chinese regulators recently clarified IPO rules for unprofitable tech firms in priority sectors.
- Other Chinese space startups like CAS Space and Space Pioneer are preparing for domestic listings.

**Companies:** LandSpace Technology Co. Ltd., CAS Space, Space Pioneer, Galactic Energy
**Countries:** China

[Read the full story on Caixin](https://www.caixinglobal.com/2026-01-03/landspace-wins-nod-for-1-billion-ipo-amid-chinas-space-ambitions-102399607.html)

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