Which Companies Are Winning the Commercial Space Race?
In stark contrast to the space race of the 20th century, which saw governments compete with each other, the modern space race is primarily taking place in the private sector. This is partly due to waning interest from governments in space missions, but it is also due to potential commercial opportunities to launch satellites and create new modes of human transportation.
The three companies that get the most attention are SpaceX (backed by Tesla CEO Elon Musk), Blue Origin (backed by Amazon CEO Jeff Bezos), and Virgin Galactic (backed by entrepreneur Richard Branson).
With the upcoming IPO of Virgin Galactic via a reverse merger with Social Capital Hedosophia Holdings (NYSE: IPOA), it's as good a time as any to learn about the leaders in the commercial space sector.
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