GalaxySpace, a leading Chinese satellite manufacturer, has embarked on the tutoring process ahead of a potential initial public offering (IPO), according to reports in state media on Tuesday. This process marks the latest step by Chinese private space firms as they align with Beijing's push to utilize domestic capital markets.Following the easing of IPO rules by the Shanghai Stock Exchange, reusable rocket startup LandSpace aims to raise $1 billion, underscoring China's strategic shift towards strengthening its space capabilities. Such moves are part of broader efforts by Beijing to reduce its technological gap with the United States in this frontier sector.GalaxySpace...