21 July 2021
We would like to share with you our perspective on the latest major developments in space racing. We are currently witnessing the first space race of the millennium between private and government companies.
The first successful flight in the billionaire space race took place on July 11, 2021, when Richard Branson's crew experienced weightlessness and reached an altitude of 86.1 km. Commercial spaceflight continued on July 20, 2021 with the space flight of billionaire Jeff Bezos.
Active exploration and the rapid growth of the global space industry presents multifaceted prospects for our future. So what does space commercialization mean for us? Read our in-depth research Space Race to find out how the industry will continue to develop and what benefits it will bring to humanity.