The U.S. still spends the most on space out of any country

If the Space Race was all about who spends the most money, the United States would win, hands down.

A new report from the Organization for Economic Cooperation and Development, or OECD for short, released on Oct. 23, analyzed the budgets of dozens of national space programs. The report found that in 2013 the U.S. spent nearly $40 billion on its space program. This was more than three times that of China, the second biggest spender last year. In fact, the U.S. spent more money on space last year than any other country combined.