SpaceX’s blockbuster initial public offering has grabbed attention worldwide not only for its unprecedented size, but also for what it implies for the commercial aerospace industry and the escalating politicization of the technological innovation that it underscores. SpaceX saw its price spike 19 percent on its Nasdaq debut even as the $75 billion IPO became…
To fully consolidate the safe electricity consumption responsibilities of key users, eliminate power safety hazards in medical institutions, and secure reliable power supply for local residents, State Grid Longxi County Power Supply Company launched a special power safety inspection and service campaign at Longxi County First People’s Hospital on May 13. The campaign was jointly…
The United States’ recent move to suppress more Chinese companies will not affect the world’s growing demand for Chinese-made solar panels, electric vehicles and industrial robots, which are both quality-oriented and cost-efficient, experts said. Last week, the US Department of Defense updated its list of so-called Chinese military-linked companies under Section 1260H of the National…
Founder, CEO, Chairman, and Chief Engineer of SpaceX, Elon Musk, speaks via videolink on the day of SpaceX’s initial public offering (IPO) at the Nasdaq MarketSite in New York City, U.S., June 12, 2026. [REUTERS/Brendan McDermid] NEW YORK — Elon Musk’s SpaceX began its first day as a public company on Wall Street on Friday…
China’s first Airbus, an A310, sits in a hangar after its 1985 delivery to the Shanghai regional branch of the Civil Aviation Administration of China. [Photo provided to China Daily] In 1985, an Airbus A310, registered B-2301, was delivered to the Shanghai regional branch of the Civil Aviation Administration of China — now China Eastern…
Bosch executives discuss innovation in China. [Photo provided to chinadaily.com.cn] Bosch is deepening its commitment to China as both a key market and an increasingly important innovation hub, while accelerating its push into robotics and automation technologies, company executives said at their 2026 Bosch Connected World conference in Berlin. Stefan Hartung, chairman of the board…
AutoFlight’s V2000CG CarryAll is granted a Validated Type Certificate in Indonesia. [Photo provided to chinadaily.com.cn] Shanghai-based aviation tech company, AutoFlight, has been granted a Validated Type Certificate in Indonesia for its V2000CG CarryAll aircraft, becoming the world’s first electric vertical takeoff and landing (eVTOL) to secure overseas type certificate validation, according to the company. The…
SAN FRANCISCO – Space Exploration Technologies Corp, known as SpaceX, has priced its initial public offering (IPO) at $135 per share and raised $75 billion through the sale of about 555.56 million shares, US media reported Thursday. The IPO values the company at about $1.77 trillion, according to reports. SpaceX shares are expected to begin…
State Grid Oroqen Autonomous Banner Power Supply Company has strengthened digital inspections of local distribution networks as rising temperatures push up electricity demand, the company said. According to the company, infrared thermometers, unmanned aerial vehicles and smart inspection terminals have been deployed to check distribution lines, transformers, switches, line fittings and other key facilities, with…
Labubu figures from Pop Mart’s The Monsters franchise make a high-profile appearance at the opening ceremony of the 2026 FIFA World Cup on Thursday. [Photo provided to chinadaily.com.cn] Labubu, the flagship character from Pop Mart’s The Monsters franchise, made a high-profile appearance at the opening ceremony of the 2026 FIFA World Cup on Thursday, becoming…