James Kynge

as defined by the number of satellites that are going up into space and all the different uses they have and their crucial nature to the economy here on Earth, but also an equally vigorous military-driven space race.

How are you seeing it, Alice?

Yeah, absolutely.

And I mean, you know, it's hard to know who will eventually win the space race.

It's clear that when it comes to commercial presence in space, the US is far ahead.

It's got a much bigger share of the space economy, which, according to the Space Foundation, is worth about 613 billion US dollars.

So it's a huge market already.

The US has currently about 55% share of that

And China's much, much less at about 8%.

But China's really, really moving now.

You mentioned more than 90 orbital launches.

Of course, these orbital launches are sending something into space like a satellite or a spaceship.

The U.S.

is currently doing about 180 launches per year, mostly driven by SpaceX.

But China's doing a lot of other things, too.

They've had a few other milestones.

They had a mission to the far side of the moon.

That's the dark side of the moon for Pink Floyd fans.

It's also completed its own low-orbit space station called Tiangong.

There's a lot of activity going on in Tiangong.