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CX Daily Mar. 18: China Satellite Investment Soars as SpaceX Sparks Race for Piece of the Sky

Published: Mar. 18, 2026  9:00 a.m.  GMT+8
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In Depth: China Satellite Investment Soars as SpaceX Sparks Race for Piece of the Sky

Space is emerging as a strategic domain defined by scarce resources and rapid technological change — a new arena for competition among major powers.

The stakes became clear in early March when Elon Musk moved quickly to deny claims that U.S. airstrikes in Iran had used SpaceX’s Starlink terminals embedded in suicide weapons.

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