Yesterday I saw the news that SpaceX's market value exceeded 1.7 trillion US dollars after going public. I was really shocked. A lot of people online are now discussing whether China should also create its own SpaceX.

I don't think we can simply copy it. In business, the biggest mistake is to look only at others' success while ignoring differences in market conditions and available resources.

Exactly. I saw experts analyzing that SpaceX's success is not just about rocket technology, but also about integrating launch services, satellite networks, and business models.

Right, but China's advantages are also very obvious. We have strong manufacturing capabilities, a complete industrial chain, and many infrastructure projects move forward very quickly.

But at present, the biggest weakness is still launch capability, isn't it? We can manufacture satellites, but there is still a gap in launch frequency and cost control.

That's normal. When working on projects, I've also found that solving the question of 'whether it exists' first and then 'whether it's expensive' is more realistic than trying to achieve everything at once from the beginning.

Moreover, China has future application scenarios such as satellite internet, smart cities, and the low-altitude economy, which may gradually form its own commercial ecosystem.

Exactly. What really deserves attention is not whether we can replicate SpaceX, but whether people will start studying the 'China model' ten years from now.