On Saturday, SpaceX successfully launched two NASA astronauts into space in a reusable spacecraft, an achievement that could spell the beginning of a commercial space travel industry.
In fact, the company has already signed a deal with Space Adventures, a private space tourism booking company.
As early as 2021, tourists will be able to hop on board the Crew Dragon, which can carry up to seven people.
The ticket prices have not been set as of yet, but they are estimated to run into the millions of dollars.
SpaceX has a goal of optimising the process of commercial human spaceflight and slashing the prices, and with each subsequent price cut, the potential target audience will increase.
Other than tourists, scientists and researchers are two groups of people who are expected to find themselves on the client list.
Additive manufacturing is just one example of an industry that is certain to take interest.
It is just a matter of time before brands start racing for the opportunity to film the first promo in space, though the global coronavirus pandemic has set other priorities for now.
The lunar lander start-up, ispace, has seen a number of individuals discussing partnerships to fund the construction and flight of its hardware.
Given their unique marketability, single-person trips to space could very well end up paying for themselves, at least in the beginning before the novelty effect wears off.
The entertainment industry has also taken an interest in this kind of travel, with Tom Cruise already working on a project that will be partly filmed in space.
Due to this being within blockbuster budget range, at some point we may even start seeing space-based reality shows.
Private commercial spaceflight will undoubtedly move the boundaries of what our society can achieve.