Solid state battery technology has recently garnered considerable interest from companies including Toyota, BMW, Dyson, and others. The primary driver behind the commercialization of solid state batteries (SSBs) is to enable the use of lithium metal as the anode, as opposed to the currently used carbon anode, which would result in ~20% energy density improvement. However, no reported solid state battery to date meets all of the performance metrics of state of the art liquid electrolyte lithium ion batteries (LIBs) and indeed several solid state electrolyte (SSE) technologies may never reach parity with current LIBs. We begin with a review of state of the art LIBs, including their current performance characteristics, commercial trends in cost, and future possibilities. We then discuss current SSB research by focusing on three classes of solid state electrolytes: Sulfides, Polymers, and Oxides. We discuss recent and ongoing commercialization attempts in the SSB field. Finally, we conclude with our perspective and timeline for the future of commercial batteries.