Final answer:
The length of the spaceship as measured by an Earth-bound observer is 536.76 m.
Step-by-step explanation:
In special relativity, there is a phenomenon called length contraction which states that objects moving at high speeds appear shorter in the direction of their motion when observed from a stationary frame of reference. The formula for length contraction is l' = l0 / √(1 - v²/c²), where l' is the contracted length, l0 is the proper length, v is the relative velocity, and c is the speed of light. In this scenario, the spaceship is moving at a speed of 0.970c and its proper length is 200 m. Therefore, the length of the spaceship as measured by an Earth-bound observer would be l' = 200 / √(1 - 0.970²) = 536.76 m.