Short Answer
1. Executive Verdict
- China's Long March 10 program maintains its 2030 crewed lunar landing schedule.
- Successful Long March 10 and Mengzhou tests are key bullish catalysts for China.
- China plans Chang'e-7 uncrewed lunar mission in 2026, demonstrating capabilities.
- Starship HLS uncrewed lunar landing is now projected for June 2027.
- NASA's FY2026 budget significantly reduced deep space exploration funding.
- AxEMU spacesuit delays threaten the Artemis III mission timeline.
Who Wins and Why
| Outcome | Market | Model | Why |
|---|---|---|---|
| United States | 71% | 0.6% | The D-grade evidence of a recurring liquid hydrogen leak on Artemis II materially reduces confidence in the U.S. timeline, shifting the log-odds down by 0.3 despite the program's underlying strengths against rising competitor momentum. |
| China | 35% | 31.5% | Market higher by 3.5pp |
| Russia | 7% | 0% | Recent evidence of minor U.S. Artemis II delays and continued strong progress in China's lunar program solidifies a U.S.-China duopoly, creating a bilateral conflict that marginalizes Russia's prospects and justifies a significant negative logit-shift from the already low market baseline. |
| India | 5% | 4% | Market higher by 1.0pp |
| European Space Agency | 5% | 0% | The Grade A evidence of the Artemis II delay introduces direct, cascading schedule risk to the entire program upon which an ESA mission depends, powerfully reinforcing the market's initial skepticism and outweighing the positive political precedent set by partner involvement. |
Current Context
2. Market Behavior & Price Dynamics
Historical Price (Probability)
3. Significant Price Movements
Notable price changes detected in the chart, along with research into what caused each movement.
Outcome: Russia
📈 January 30, 2026: 8.0pp spike
Price increased from 1.0% to 9.0%
Outcome: China
📉 January 24, 2026: 8.0pp drop
Price decreased from 43.0% to 35.0%
📈 January 22, 2026: 9.0pp spike
Price increased from 33.0% to 42.0%
4. Market Data
Contract Snapshot
Based on the provided market title and description:
A YES resolution is triggered if the country specified for this particular market (kxmoonman-31) is the next to successfully send humans to the Moon. A NO resolution occurs if a different country achieves this milestone first, or if no country sends humans to the Moon by the apparent deadline of 2030. No other specific settlement conditions are detailed in the provided content.
Available Contracts
Market options and current pricing
| Outcome bucket | Yes (price) | No (price) | Implied probability |
|---|---|---|---|
| United States | $0.71 | $0.35 | 71% |
| China | $0.35 | $0.69 | 35% |
| Russia | $0.07 | $0.94 | 7% |
| European Space Agency | $0.05 | $0.97 | 5% |
| India | $0.05 | $0.97 | 5% |
Market Discussion
The debate surrounding which country will be the next to send humans to the Moon primarily focuses on a "new space race" between the United States and China . Many experts and online discussions suggest China has a strong chance, citing its consistent progress and clear goal of landing astronauts by 2030, supported by ongoing hardware development . Conversely, while NASA's Artemis program aims for a human lunar landing by mid-2027 with its Artemis III mission, discussions highlight concerns about potential delays, budget issues, and the complexities of its architecture, with some arguing the US approach is geared towards a more sustainable long-term presence rather than just being first .
5. What is the Current Status of Starship HLS Uncrewed Lunar Landing?
| Uncrewed Lunar Landing Target | June 2027 |
|---|---|
| In-orbit Propellant Transfer Target | June 2026 |
| Artemis III Crewed Landing Target | September 2028 |
6. Is China's Long March 10 on Track for a 2030 Moon Landing?
| Engine Cluster Hot Fire | Successfully completed in January 2026 |
|---|---|
| First Uncrewed Test Flight | Scheduled for 2027 |
| Crewed Lunar Landing Goal | Target by 2030 |
7. How Did FY2026 Funding Discrepancies Impact NASA's HLS and EGS Programs?
| Total NASA Budget Increase | From $18.8 billion to ~$27.53 billion (46.4%) |
|---|---|
| HLS & EGS Program Status | Shifted from proposed termination post-Artemis III to funded for long-term sustainability |
| Human Space Exploration PBR | $8,312.9 million |
8. How Do AxEMU Delays Impact the Artemis III Mission Timeline?
| AxEMU CDR Delay | Six months (projected) |
|---|---|
| AxEMU Vacuum Testing Delay | Four months (projected) |
| Artemis III Official Target | No earlier than mid-2027 |
9. When Will Artemis and China Conduct Uncrewed Lunar Landing Demonstrations?
| Artemis HLS Uncrewed Demo | ~June 2027 |
|---|---|
| China's Chang'e-8 Robotic Mission | ~2028 |
| Earliest Full-Stack Demo | Artemis program |
10. What Could Change the Odds
Key Catalysts
Key Dates & Catalysts
- Expiration: January 01, 2031
- Closes: January 01, 2031
11. Decision-Flipping Events
- Trigger: The market for the next country to send humans to the Moon is heavily influenced by China's progress, given its stated goal of a crewed lunar landing by 2030.
- Trigger: Key bullish catalysts include successful testing of China's Long March 10 heavy-lift rocket and Mengzhou crewed spacecraft [^] .
- Trigger: Further positive signals would be an official announcement of an accelerated timeline for a crewed mission before 2030, and successful uncrewed lunar missions such as Chang'e-7 planned for 2026, which would demonstrate advanced landing and exploration capabilities crucial for human missions [^] .
- Trigger: Conversely, bearish catalysts primarily involve setbacks in China's lunar program.
13. Historical Resolutions
No historical resolution data available for this series.
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