ISRO had also the chances of creating such ecosystem but sure we wouldn’t have let private companies do that and build such value
That is how America builds value
NASA created the science and SpaceX created the value and now many big companies are coming up in space sector in usa 🇺🇸
Space will become big business as it is not merely sending satellites
It is building infrastructure in space itself from cheaper power to mega factories which can run on cheaper energy and so if musk succeeds usa has captured no 1 position for next 100 years
That is how much future forward their thinking is
While we are still thinking if we should invest in building AI or just prop up wrappers
SpaceX IPO, listing, and beyond, is a true test for capitalism. The valuation does not fit any traditional matrix and is a huge bet on the future course of planet earth. Only time will tell whether we, the human race, have arrived into the fairy tale world we grew up in as children, or are in a mega bubble. Either ways, kudos to the man who came as an immigrant, and to the country that has allowed such boundless creativity to flourish despite all the risks it embeds.