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Indian SpaceX rival EtherealX hits 5x valuation because it readies engine assessments

greater by greater
January 15, 2026
Reading Time: 4 mins read
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Indian SpaceX rival EtherealX hits 5x valuation because it readies engine assessments


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Ethereal Exploration Guild, an Indian area tech higher often called EtherealX, has climbed 5.5x in valuation to $80.5 million after its newest funding spherical. The startup is creating a launch car designed to be totally reusable and is readying engine hot-fire assessments forward of its first know-how demonstration flight, deliberate for 2027.

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