Question 1

Who is VinSpace and who owns it?

Accepted Answer

VinSpace is Vietnam's only private space company, set up in November 2025 as a unit of the Vingroup conglomerate; Vingroup founder Pham Nhat Vuong, Vietnam's richest man, holds a 71% stake.

Question 2

When will SpaceX launch VinSpace's satellites?

Accepted Answer

VinSpace said its first satellites will deploy in the second quarter of 2027 using SpaceX's Transporter rideshare program, which combines multiple customers' payloads on a single launch.

Question 3

Why did SpaceX stock fall before this rally?

Accepted Answer

SPCX dropped after its August 4 earnings showed $18.4 billion in quarterly capital expenditure, mostly on artificial intelligence, and a net loss of $541 million, which unsettled investors even as revenue rose 92% to $7.8 billion.

VinSpace

SpaceX signs Vietnam’s VinSpace as its stock surges past $135 IPO price

One sharp brief.
Every day.

VinSpace

SpaceX signs Vietnam’s VinSpace as its stock surges past $135 IPO price

One sharp brief.Every day.

One sharp brief.
Every day.