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For SpaceX this was a major achievement and it could potentially open up a commercial market for space travel. What do does it mean to have a commercial market for space travel and what benefits could come from having one? Explain your answer in 100 words or more.

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Final answer:

A commercial market for space travel refers to the opportunity for businesses to provide products and services related to space exploration and travel. Having a commercial market for space travel can bring several benefits, including driving innovation and technological advancements, creating job opportunities and economic growth, and increasing accessibility and affordability of space travel.

Step-by-step explanation:

A commercial market for space travel refers to the opportunity for businesses to provide products and services related to space exploration and travel. This includes companies like SpaceX offering launch services, space tourism companies providing space travel experiences for individuals, and companies developing technologies and infrastructure for space colonization. Having a commercial market for space travel can bring several benefits. It can drive innovation and technological advancements as companies compete to provide better and more cost-effective solutions. It can also create job opportunities and economic growth as new industries and markets emerge. Additionally, it can lead to greater accessibility and affordability of space travel, allowing more people to experience the wonders of space.

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