Axiom Space Raises $350 Million for Its New Private Space Station

2026-02-22 07:27:00 ET

Who will replace the International Space Station (ISS)? In 2030, the United States plans to retire ISS, hiring Elon Musk to build a special spacecraft to push the space station to a fiery death in Earth's atmosphere -- but America's orbital endeavors won't end there.

Already, four teams of companies are hard at work developing replacements for ISS. Two of them you've probably already heard of:

Two other, much smaller teams are also trying to build space stations.

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