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SpaceSail, a Chinese government-backed satellite internet company, is appearing to take aim at the dominant Starlink, owned by Elon Musk's SpaceX. For the last few years, satellite internet has effectively come down to doing business with Starlink or a few smaller companies . SpaceSail is one of the first major pushes in the industry to attempt to dethrone Starlink's dominance.
By 2030, SpaceSail is aiming to launch 10,000 satellites into orbit, which is roughly how many Starlink currently has in our skies . At the moment, the Chinese company only has a few hundred, but is now raring to go when it comes to scaling up the business. In fact, in August 2026, it was reported that the company behind the satellites had raised 7 billion yuan, or about $1 billion.…