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US concerned NASA will be overtaken by China's space program
(interestingengineering.com)
This is a most excellent place for technology news and articles.
Unfortunately that company is the best hope we have to stay ahead. With their low cost they can monopolize the worldwide launch market(except Russia and China). So that funding, strategically, must continue.
What should also happen is funding spacex competitors, so we stay on the bleeding edge.
Is China staying on the bleeding edge by funding a bunch of private companies?
China has privately held space companies, yes. They are funding them, yes.