I really don't get this sentiment. 80% of orbital launches last year were Americans. The USA hasn't been this dominant in the space race since the 60s.
An open question as I really don’t have an answer either way: what’s the last mega project the U.S. succeeded in completing that wasn’t directly tied to a short term business plan? Something for future generations or a major environmental project or a transportation or infrastructure project, etc.
We might even be better to have no one advancing space travel than to have only the billionaires doing it. At least then they can't find some way to use it to screw us over.
SpaceX is majority owned by billionaires.