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One of the most significant impacts of SpaceX has been the reduction in launch costs. Before SpaceX, launching a satellite into orbit was an incredibly expensive undertaking. SpaceX has slashed these costs by a significant margin, thanks to its reusable rockets and streamlined operations. This has opened up the market for commercial space ventures and made space more accessible to businesses and researchers. Suddenly, launching a satellite isn't just for governments and wealthy corporations; smaller companies and research institutions can also afford to send payloads into orbit. This increased accessibility has fueled innovation and led to a surge in space-based technologies and services. The whole industry has been forced to adapt.