Lotus Invests in SpaceX, Building a New Era of Global Space Exploration

On humanity's journey to explore the universe, SpaceX continues to lead the industry with disruptive innovation. As a participant in this great endeavor, we are honored to announce our investment in SpaceX. This collaboration not only signifies our confidence in the future of aerospace technology but also represents our commitment to advancing the commercialization of space technology and realizing humanity's interstellar dreams.

Starship: From Science Fiction to Reality - A "Fully Reusable" Space Revolution

In October 2024, SpaceX achieved a historic breakthrough with its fifth Starship test flight. The Super Heavy booster “B10” successfully separated from the Starship vehicle “S28,” and the ground-based “chopstick” mechanical arms precisely captured and recovered the first-stage rocket for the first time. This feat lays the foundation for the goal of "fully reusable" Starship, with hopes of reducing the cost of a single launch to an astounding below $2 million. As the most powerful launch system in history, Starship's 100-ton low Earth orbit payload capacity far exceeds traditional rockets, clearing technological barriers for crewed lunar missions, Mars colonization, and large-scale satellite deployments. According to the latest plans, SpaceX aims to challenge 25 Starship launch missions in 2025 and achieve full rocket recovery within six months, while accelerating the testing of crewed lunar landers for NASA's Artemis program.

Falcon Rockets: Efficient and Reliable Space "Ferries"

In 2024, SpaceX set a global aerospace record with 138 orbital launches, of which 134 were completed by the Falcon series rockets, achieving a success rate of 100%. Even more impressive, the recovery success rate for the Falcon 9 and Falcon Heavy first-stage rockets has surpassed 93%, with individual rockets reused up to 18 times, fundamentally rewriting the rules of aerospace economics. In 2025, SpaceX plans to increase its launch frequency to 180 times, averaging one mission every two days, further solidifying its absolute market share of 75% in global commercial launches.

Starlink: Weaving a Global Internet Network

By the end of 2024, SpaceX successfully deployed over 7,100 Starlink satellites, providing high-speed, low-latency internet services to 60 countries and achieving polar coverage. The second-generation satellites leverage Starship's launch capabilities, increasing single deployment numbers to 120 satellites, with communication capacity increased fourfold compared to the first generation. In the future, SpaceX will initiate upgrades to the "laser inter-satellite link" technology, building a self-sustaining space internet without ground stations, while exploring satellite-to-mobile phone service, aiming to provide affordable internet access to over 1 billion people in remote areas by 2026.

Commercial Ecosystem: The Eve of a Space Economy Explosion

SpaceX's valuation continues to soar, making it the largest unicorn in the world. The core drivers behind this growth stem from three main pillars: the exceptional cost-performance ratio of the Falcon rockets, the scalable profitability prospects of Starlink, and the revolutionary significance of Starship for deep space resource development. In addition to the $2.8 billion lunar contract with NASA, SpaceX is expanding into commercial space station construction, asteroid mining, and space tourism.

Investing in the Future, Defining Boundaries

We believe that investing in SpaceX is not just a commercial decision but an exploration of the frontiers of human civilization. As the roar of Starship pierces the sky and Starlink illuminates the night, the space economy is transitioning from science fiction to reality. As pioneers in cutting-edge technology investment, we are dedicated to connecting the world's top innovative forces. This collaboration with SpaceX will accelerate the cross-border integration of space technology in communications, transportation, energy, and other fields, reconstructing industry rules through technological innovation, creating long-term value for shareholders and society, and witnessing this magnificent space revolution together.