Indian SpaceX rival EtherealX hits 5x valuation as it readies engine tests

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EtherealX, an Indian private space company rivaling SpaceX, has seen its valuation increase by 5 times as it prepares to conduct engine tests and establish a 150-acre rocket campus in India, with plans to launch a mission by 2027.

Market Impact

Market impact analysis based on bullish sentiment with 90% confidence.

Sentiment
Bullish
AI Confidence
90%
Time Horizon
Short Term

Article Context

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EtherealX is ramping engine tests and building a 150-acre rocket campus in India as it targets a 2027 launch mission.

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Original article published by TechCrunch on January 15, 2026.
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