SpaceX is reportedly planning to enhance its operations in Australia by seeking permission to land a Starship rocket off the Australian coast.

This initiative comes on the heels of a successful test flight where SpaceX's Starship executed a water landing north of Australia in June.

There are speculations that SpaceX could also establish a spaceport and factory in Australia, which would allow for the launch and recovery of rockets.

Additionally, SpaceX's plans may include developing a point-to-point transport system using Starship, similar to air travel, which has attracted interest and funding from the U.S. Air Force.

In the competitive landscape, Rocket Lab USA, a smaller rocket company and rival of SpaceX, has been expanding its presence in the U.S. after originally launching rockets from New Zealand.

To compete for U.S. launch contracts, Rocket Lab has constructed a launch pad on Wallops Island, Virginia.

Despite facing challenges, Rocket Lab is developing its own reusable Neutron rocket, which boasts a greater payload capacity than ISRO's PSLV rocket.

However, Rocket Lab may encounter increased competition in the Asian market, particularly from SpaceX and India's cost-effective ISRO.