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It probably won't ever be serviced or upgraded, for several reasons:

It's orbiting at the Earth-Sun L2 Lagrange point, with a perigee of 374,000 km

While we can put astronauts in space, we don't currently have any orbital vehicles with on-orbit satellite maintenance capabilities, since none of them have airlocks

The latter could very well change over the next few decades though, and the former may become economical, so I guess it can't be entirely ruled out.




That is very true as of right now.

But the landscape of the space industry is changing very rapidly. With a fleet of hundreds of reusable rockets floating around, the accessibility of the Hubble may change.

Of course, at that point it might be better to just send up a bigger instrument.




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