ELI5: Explain Like I'm 5

Billionaire space race

The billionaire space race is a competition for people with a lot of money to build and launch rockets into outer space. Billionaire businessmen, like Elon Musk and Jeff Bezos, have raced each other to do things like launch the first reusable rockets into space and build space stations. They want to be the first to fly people safely to space and explore further than ever before. They are spending a lot of money to make their dreams come true, and it’s a race to see who can get there fastest.