# C929

China’s Defence Stocks Spike as ‘Space Compute’ Dream and Homegrown Wide‑body Jet Gain Momentum

A surge in Chinese defence and aerospace stocks reflects investor excitement about SpaceX’s merger with xAI and a renewed push on China’s large civilian aircraft programmes. The merger reframes commercial space as a potential trillion‑dollar market for space‑grade power, laser communications and thermal systems, while COMAC’s accelerated C929 testing signals upward movement in China’s civil aerospace supply chain.