The increased demand for commercial spaceflight and efforts by billionaires Jeff Bezos, Richard Branson and Elon Musk has sparked innovation including NASA's daring Moon to Mars initiative.
Since Shepard's 15-minute, 116-mile May 5, 1961 flight – on the heels of Soviet cosmonaut Yuri Gagarin's flight – the U.S. has landed humans on the moon and sent more than 150 NASA astronauts to the International Space Station (ISS) for important scientific research.
In addition, The Associated Press reported Wednesday that 579 people have entered space, with nearly two-thirds of the crew members American.
Spaceflight has dramatically changed over the past few decades, with the introduction of "space tourism."
SpaceX founder Musk said after the successful launch of the company's Crew-2 mission last month that he believes the world is at the dawn of a new space exploration era and looks forward to attempting to make humanity a "spacefaring civilization and a multiplanet species one day."
Japanese billionaire Yusaku Maezawa and eight dearMoon contest winners are slated to launch onboard the SpaceX Starship for the trip of a lifetime in 2023.
NASA recently awarded Musk and the Starship – which is set for another test flight in Boca Chica, Texas on Wednesday afternoon – with the highly coveted $2.89 billion contract for the agency's ambitious Human Landing System (HLS) program that will land Artemis program astronauts on the moon in 2024.
FILE - This Tuesday, Dec. 12, 2017 photo provided by Blue Origin shows the New Shepard Crew Capsule 2.0 after landing in west Texas during a test. Named after the first American in space, Alan Shepard, the spacecraft made a 10-minute suborbital fligh
Musk is not the only one with skin in the game.
Bezos' Blue Origin – which filed a protest regarding NASA's decision on the HLS contract -- said Wednesday it would auction off a seat for the company's first crew spaceflight aboard the rocket New Shepard.
That flight is targeted for the anniversary of the July 20 Apollo 11 moon landing.
Virgin Galactic's Branson also aims to begin tourist spaceflights in 2022.
Support teams work around the SpaceX Crew Dragon Resilience spacecraft shortly after it landed with NASA astronauts Mike Hopkins, Shannon Walker, and Victor Glover, and Japan Aerospace Exploration Agency (JAXA) astronaut Soichi Noguchi aboard in the
Although price tags vary, trips to space aren't cheap.
The first space tourist, California businessman Dennis Tito, paid $20 million to visit the space station in May 2001.
On Sunday, NASA's human spaceflight chief, Kathy Lueders, told reporters that goal is "one day that everyone’s a space person."
SpaceX's Crew-1 mission astronauts had successfully splashed down in waters off the Florida coast – successfully completing the company's first full-fledged crewed mission to the ISS.
"We’re very excited to see it starting to take off," she added.