What are the advantages and disadvantages of the commercialization of spaceflight?

My paper requirements are: Describe the emergence of commercial spaceflight. What are the advantages and disadvantages of the commercialization of spaceflight? Include a discussion of some significant accomplishments by commercial spaceflight companies and a discussion of future plans for commercial spaceflight.

For advantages: How SpaceX was able to develop and design the Falcon 9 launch vehicle at a fraction of the cost and time it would take NASA. Second advantage is a lower cost and burden to the tax payers. A huge accomplishment would be the success of the commercial crew program (SpaceX), COTS, Virgin Galactic, Blue Origin. Last huge accomplishment is the success of Inspiration four. For the future please include Orbital Reef.

The last paper you wrote me was great. The citations though were not to APA standard of the current version 7 guidelines.

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