I don’t think it will happen, BUT…
How much merch does Space move?
Put yourself in Bob’s head. Space is one of very few rides at the resort that is not tied to a cross-media IP. Even at MK, that list includes only a few attractions like Tiki (at the present moment), Thunder (they tried), Small World, Carousel, Peoplemover, and Autopia. Fixing Space would cost about as much as building a new ride and would not increase profits at all. A waste of money. Besides, you just spent a lot to build a very, very simplistic ride a few yards away. Why not rip Space out and (eventually - Tron will hold them for a while) replace it with an IP-based ride that might increase attendance and move more merch? The only counter-argument is that the ride is popular, and is it popular enough that it’s removal would dent ticket sales? Nothing else does. And how much does Bob know or care about the popularity of individual rides?