The space race seems to exist between private and public space companies and this competition is doing a great job of speeding up space results and inventions. Companies like SpaceX, Blue Origin, and Nevada Sierra have seized the opportunity to advance space technology to take space exploration to the next level.
The list of private space companies seems to be growing rapidly, with SpaceX currently the world's largest private space company, and NASA already leading the way by securing a number of contracts with other agencies to stay ahead of the space race.
SpaceX
What is the best aerospace company in the world? As we mentioned above, space companies, led by SpaceX, reported $5.8 billion in private investment last year. Private space agencies dominate the list of the world's top space companies in 2020, with SpaceX leading the way. SpaceX is perhaps the most famous space company in the world, aside from NASA, and is currently ranked number 1 on the list of top space companies in the world. This company is also famous for its outstanding founder Elon Musk. Its innovative goal is to reduce the transportation costs of space travel and eventually colonize Mars.
- Started: 2002
- SpaceX Headquarters: Hawthorne, California, USA
- SpaceX's workforce: 8,000
- Products and Services: launch vehicles, rocket engines, Dragon capsules, Starship, Starlink, ASDS landing platforms, Orbital rocket launch
NASA
SpaceX may be the best aerospace company in the world according to this list, but what is the biggest aerospace company in the world? That place belongs to none other than NASA itself. NASA was the first space agency to land a man on the moon, winning the "space race" in 1969 when Neil Armstrong landed on the moon.
The acronym NASA stands for National Aeronautics and Space Administration and is an independent agency of the United States federal government responsible for the civilian space program as well as aeronautical and space research.
- Beginning: 1958
- NASA Headquarters: Washington, D.C., USA
- NASA annual budget estimate: USD 22.69 billion
- Number of employees at NASA: 17,373
- Products and Services: Orbital Launches, Space Exploration, Space Science, Earth Observing System, Heliophysics, Astrophysics
Boeing
The personal space race seems like a marathon right now, with SpaceX, Sierra Nevada, Blue Origin, and now even Boeing joining the race. With its CST-100 Starliner commercial spacecraft, the company became one of the world's largest astronauts in space. Recently, this rocket passed all the safety requirements and tests required to successfully launch the new generation of space explorers. Boeing has been ranked 3rd in the list of top aerospace companies in the world in the year 2020 due to its innovations in space technology and being consistent supplier to many other companies and agencies.
- Beginning: 1916
- Boeing Headquarters: Chicago, Illinois, USA
- Boeing revenue: USD 76.66 billion
- Number of employees at Boeing: 161,133
- Products and Services: Satellites, Space vehicles, and launchers, Military aircraft, Commercial Aircraft
Blue Origin
Like SpaceX, Blue Origin was founded by another notable billionaire. Blue Origin was created by Amazon founder Jeff Bezos. Blue Origin's main goal is to make space travel easier for citizens. Recent successes include moving into the orbital spaceflight technology business in 2014 as a rocket engine supplier, but the company has since planned to build and fly its own orbital launch vehicle.
- Beginning: 2000
- Blue Origins Headquarters: Kent, Washington, USA
- Number of employees at Blue Origins: 2,500
- Products and Services: Space Exploration, Space launch vehicles, Rocket engine development
- Beginning: 1963
- SNC Headquarters: Sparks, Nevada
- Number of employees at SNC: 4,000
- Products and Services:Spacecraft, Telemedicine, Navigation and Guidance, Information Management, Electronic Protection, Cybersecurity
- Started: 1992
- Roscosmos Headquarters: Moscow, Russia
- Products and Services: ISS involvement, Science programs, Rockets, New piloted spacecraft, Space systems, Gecko Mating Experiment
- Beginning: 1975
- ESA Headquarters: Paris, France
- Number of employees at ESA: 2,200
- Started: 2004
- Virgin Galactic Headquarters: Las Cruces, New Mexico
- Started: 2005
- TSC Headquarters: Mojave, California
- Number of employees in TSC: 430
- Products and Services: Spacecraft and aircraft production
- Started: 2005
- Ad Astra Rocket Company Headquarters: Texas, USA
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