So for that amount of money, you just killed the startup economy and killed all grand vision projects like SpaceX. Nothing gets off the ground.
Sounds very much like the socialist paradise I live in called Europe. Where the smartest most ambitious people leave for the US.
In not too many years, the light of human ingenuity will be extinguished. Elon is just in a race against time.
This is a problem statement not a solution. If the stat above is true, then there is obviously something very wrong with that system if they still can't out innovate us.
Modern semiconductor manufacture requires tech from the entire world. China is aiming to replicate pretty much all of it because of sanctions.
While the US and Europe are killing themselves with regulation and DEI, China has been rapidly developing every year and eventually the US is going to get a rude awakening.
Society devolves to status hierarchies, and the people who climb those most successfully are narcissists and sociopaths.
So there's a default assumption that you have to be that kind of crazy, glib, abusive, exploitative, bullshitter/charlatan to do remarkable things.
Occasionally you get someone who is both narcissistic and exceptionally talented. They get shit done, but they leave a trail of human wreckage behind them.
Sometimes - often - it eventually turns out that it isn't even the right shit.
Meanwhile talent that lacks that narcissistic edge is overlooked and sidelined.
This is cripplingly inefficient, because so much ability is just wasted.
And it's very literally disastrous, because crazy people can't be trusted to have a sane relationship with the physical world or with other humans.
So the problem is engineering effective hierarchies which are reality-based, have enough incentive to reward drive and talent, but exclude - or at least strongly constrain - unhealthy and toxic Cluster B types.
Easy, isn't it?
Musk has not left a trail of human wreckage behind.