We do have plans for its replacement. Axiom is going to launch three modules, starting from 2024. When it's time to retire ISS (2028 probably), Axiom's modules will detach, effectively becoming ISS 2.0.
I'm fine with ISS being open for commercial operations, but can't help but feel unease by the entire ISS being a commercial endeavour. But then again, about a fifth of NASA's budget goes to keeping the lights on in ISS.
I'll believe it when there's more than renders or they've booked a rocket. The current decomm date floating around for the ISS is 2025 so they're not long left.
I'm fine with ISS being open for commercial operations, but can't help but feel unease by the entire ISS being a commercial endeavour. But then again, about a fifth of NASA's budget goes to keeping the lights on in ISS.