it "could", but I doubt it … mind you I would've doubted landing a rocket but they do that, so what do I know ?
Whilst it may be reliable, it is still awfully prone to single source failures with catastrophic consequences … not something you want in a commercial transport.
I don't know the accelerations during launch, but not something I see 60 year old, or highly unfit/obese, people putting up with. Also deceleration on landing. Mind you they could probably redesign the trajectory to accommodate, possibly a 3g limit … even that is quite a lot … a sustained 2g turn is quite something !
Then the effects of sub-orbital reduced g (zero g ?) in the cabin would be "interesting", but for less than 1/2 hour ?
Then you've got the infrastructure to build, fuel depots etc.
Again, would these trips use less fuel than current (or future) airliners ?
It'd also "only" replace intercontinental flights, those long enough to justify a suborbital launch
another day in paradise, or is paradise one day closer ?