SpaceX’s successful launch boosts the private space industry

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The successful launch of SpaceX’s Falcon 9 rocket into orbit last week once again pushed the private space race back into the spotlight. While the Falcon 9 is slated to begin carrying cargo to the International Space Station, it is also designed so that it could one day carry human passengers as well. With the Falcon 9 making it to orbit on the first try, it undoubtedly gave a boost to the private space industry.

There are several companies currently developing a wide range of space products that could one day fill in for what has so far been left to a few big nations. From the delivery of payloads to orbit and lunar landers, to space hotels and sub-orbital tourist rides, the private space race spans a wide range of opportunities.
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