China’s official Xinhua News Agency reported that China successfully launched the commercial space rocket CERES-1 from the Jiuquan Satellite Launch Center in northwest China on Friday, 31 May 2024, sending a constellation of five satellites into space.

It comes as no surprise to anyone that the cost of each spaceship launch is sky-star-high. However, there is no reason not to trust Chinese commercial considerations reported.

This clearly means that the profits of the modern space industry are going towards records of capital gains.

Today, the public can only guess what hard-to-find goods or services China intends to gain from the launch of these five satellites.