Branson was the first billionaire in space last week when he and several crew members aboard his VSS Unity spaceplane successfully flew to an altitude of 53.5 miles. His company Virgin Galactic, founded in 2004, is developing commercial spacecraft to be used in suborbital flights for those seeking a trip to outer space. Musk’s SpaceX, founded in 2002, has been at the forefront of the private space industry for over a decade, with Musk planning a mission to Mars as early as 2024.
The Billionaire Space Race: A Competition Between The World’s Richest Men Is Resurrecting An Industry

Blue Origin's New Shepard rocket launches carrying passengers Jeff Bezos, founder of Amazon and space tourism company Blue Origin, brother Mark Bezos, Oliver Daemen and Wally Funk, from its spaceport near Van Horn, Texas, on July 20, 2021. Tony Gutierrez/AP Photo
|Updated:




