Canadian satellite companies in trouble as SpaceX stops taking bookings
Concerns among investors as Falcon 9 rocket bookings close for missions after 2028
By Capital Kranti desk, Gandhinagar · Editor: Parth Thakkar
2 November 2026, 6:57 am · 1 min read
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SpaceX has stopped accepting bookings for its Falcon 9 missions for Canadian companies, which could impact the satellite launching process after 2028. According to a report by The Times of India, this decision has created a major problem for Canadian satellite companies.
As local alternatives in Canada are still under development, concerns are being observed among investors regarding launching capacity. Companies like Telesat have made bookings with SpaceX for their upcoming communication satellites, as they require frequent and inexpensive launching.
On the other hand, it may take years for Canadian rocket developers to provide the launch capacity required for large satellite networks.
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