https://thenextweb.com/syndication/2018/05/28/private-companies-are-launching-a-new-space-race-heres-what-that-means/

The space race between the USA and Russia started with a beep from the Sputnik satellite exactly 60 years ago (October 4, 1957) and ended with a handshake in space just 18 years later. The handshake was the start of many decades of international collaboration in space. But over the past decade, there has been a huge change.

The space environment is no longer the sole preserve of government agencies. Private companies have entered the exploration domain and are propelling the sector forward more vigorously and swiftly than would be the case if left to governments alone.