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A Chinese start-up has successfully launched and landed a reusable rocket for Alibaba's global 1-hour delivery goal.

The rocket is quoted as having a cargo capacity of ten tonnes. How much do they think each launch will cost? If it's $1 million, then that is $100 per kg. Is there anyone willing to pay that much money for same day delivery?

There are four other Chinese companies who say they are close to launching reusable rockets too, and expect to launch in 2025/26 - iSpace, LandSpace, Deep Blue Aerospace, Galactic Energy - though the last is only talking about a reusable booster.

Also interesting - the publicly disclosed funding for this company is less than $100 million. I'm assuming they had more they did not disclose. If they managed to do this for $100 million, that seems very impressive.

China completes first sea-based vertical landing of reusable rocket

The startup's wikipedia page

China's Taobao working with startup on deliveries by reusable rocket

https://redd.it/1kyxz5p
@arkotonog
When people keep telling you that VR has barely made any progress, this is what Nintendo Virtual Boy (1995) looked like
https://redd.it/1kz4wcy
@arkotonog
May 2025 Released New Meta Paid VR Game Review Performance chart
https://redd.it/1kzo1lk
@arkotonog
Nick Clegg says asking artists for use permission would ‘kill’ the AI industry | Meta’s former head of global affairs said asking for permission from rights owners to train models would “basically kill the AI industry in this country overnight.”
https://www.theverge.com/news/674366/nick-clegg-uk-ai-artists-policy-letter

https://redd.it/1kztrjt
@arkotonog
TIL: 3mm thin, 10m long ethernet cables exist. For when Wi-Fi 6E just doesn't perform good enough
https://redd.it/1kzyvsa
@arkotonog
Dario Amodei says "stop sugar-coating" what's coming: in the next 1-5 years, AI could wipe out 50% of all entry-level white-collar jobs. Lawmakers don't get it or don't believe it. CEOs are afraid to talk about it. Many workers won't realize the risks until after it hits.
https://www.axios.com/2025/05/28/ai-jobs-white-collar-unemployment-anthropic

https://redd.it/1l0374z
@arkotonog
This person messaged my 9 year old brother on meta
https://redd.it/1l06beu
@arkotonog
Lab-grown diamonds have helped diamond prices plunge 60%, and former monopolist De Beers is in crisis mode. One day asteroid mining will do the same for gold.

Diamond prices are down 60% since a 2011 high, and they are still falling. It's not all down to lab-grown diamonds, demand is down too, especially in China.

No one can lab-grow gold yet, so its rarity and scarcity protect its value, but that will end too. It's just a question of when. China launched an asteroid touch-down mission this week, which will make it the 4th country/region to do so, after Europe, the US & Japan.

How soon will it be feasible to mine asteroids? Who knows, but a breakthrough in space propulsion might mean the prospect happens quickly when it does. It's possible gold has twenty years or less of being high value left.

Gold's fall may be more significant. It has a central role in stabilizing the value of global currencies.


The $80 Billion Diamond Market Crash Leaves De Beers Reeling

https://redd.it/1l0oc24
@arkotonog
I never bought Among US 3D (the flatscreen version). Did I get it for free because I own the VR version?
https://redd.it/1l0pkl8
@arkotonog
2025/07/11 18:04:51
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