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Jan 30, 2025
Britain Invests £20M in SpaceX Rival Orbex to Boost Space Ambitions
The UK government has taken a bold step to strengthen its space ambitions by investing £20 million ($24.8 million) in Orbex, a Scottish spaceflight startup aiming to rival Elon Musk’s SpaceX. The investment, announced at the European Space Conference in Brussels, is part of a larger funding round and signals Britain’s commitment to becoming a major player in the global space industry.