The Taiwan Stock Exchange (TWSE) Listing Review Committee approved TMY Technology Inc.'s application to list on the Taiwan Innovation Board (TIB) on June 30. The proposed listing remains subject to final approval by the TWSE board of directors.

China's private rocket industry is entering a make-or-break decade, as low-Earth orbit satellite demand, reusable launch technology, and STAR Market reforms drive the race to build a "China SpaceX."

Rocket Lab is taking a major step toward competing more directly with SpaceX, announcing an agreement to acquire satellite communications provider Iridium Communications in an approximately US$8 billion cash-and-stock transaction. The deal transforms Rocket Lab from a launch and spacecraft manufacturer into a fully vertically integrated space company with its own global satellite communications network, a strategy widely viewed by the market as mirroring SpaceX's integrated business model.