ME News reports that on August 6 (UTC+8), Eric Trump, the second son of Donald Trump, posted a critique of Bloomberg’s coverage of SpaceX, accusing it of “overpromising and underdelivering” and condemning its poor quality. Eric Trump stated that in 2025, SpaceX launched approximately 80% to 85% of the world’s total orbital payload mass, while China accounted for around 8% to 10% during the same period. He claimed that a single private aerospace company has surpassed the launch capabilities of all other nations combined, even outpacing the two leading space powers. He also noted that SpaceX’s Falcon 9 rocket achieved approximately 165 successful launches in 2025, maintaining a perfect success record, with its reusable boosters completing over 30 flights each. Eric Trump argued that SpaceX has made significant breakthroughs in reducing launch costs, improving rocket reusability, and advancing commercial spaceflight, and criticized certain media outlets for failing to accurately reflect the company’s technological achievements. This commentary stems from his dissatisfaction with Bloomberg’s reporting on SpaceX, though SpaceX’s actual market share, global launch share, and future prospects continue to be closely monitored by industry institutions and analysts. (Source: ChainCatcher)
Trump Jr. Criticizes Bloomberg's SpaceX Report, Claims 80-85% Global Launch Market Share by 2025
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Summary
On August 6 (UTC+8), Eric Trump criticized Bloomberg’s report on SpaceX, calling it low-quality and minimizing the company’s progress. He stated that SpaceX is projected to capture 80–85% of global orbital payload launches in 2025, far surpassing China’s 8–10%. The Falcon 9 achieved 165 consecutive successful launches in 2025, with boosters reused over 30 times. Trump commended SpaceX’s cost reductions and advancements in commercial spaceflight, noting their influence on global crypto policy and token launch developments.
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