So, car company executives: Who's got the bigger rocket? A subtle but obvious dig at Tesla CEO Elon Musk came from none other than Toyota Chairman Akio Toyoda at CES 2025 yesterday, amid his keynote speech about the Woven City project in Japan. That development is part of Toyota's goal of transitioning from being a traditional car company to one focused on 'producing mobility and happiness for all,' as officials put it.
However, the demand for private space launches—including efforts like satellite launches and eventually even exploration—is expected to rise significantly in the coming years and decades. However, while the U.S. and China lead the way in launches, other countries like Japan trail far behind.