The Wall Street Journal

China’s Leading Private Rocket Company Has Eye on Listing in 2028

Deep Blue Aerospace’s latest valuation is 5 billion yuan, according to the company

Rockets on display at an exhibition in China in 2021.
Rockets on display at an exhibition in China in 2021. Photo: Reuters

Deep Blue Aerospace, one of China’s leading rocket companies, said it expects to meet the conditions for an initial public offering as soon as 2028.

The chief executive of the Jiangsu-based company said in an interview with The Wall Street Journal that while it intends to go public in the future, the timing will depend on the company’s product development and China’s capital-market conditions.

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