I try not to be too cynical but it gets difficult sometimes, especially when a publicity stunt designed to hold up a rapidly disintegrating Ponzi scheme captures the imagination of people who are doing their best to ignore exactly how far the quality of life in this country has fallen over the past few decades. If you put your money on Musk and keep it there you will lose your money. He is a showman, not a genius. That is the problem with government picking the winners. Everyone loses.
Edit: I just read the part about strapping nuclear waste to a rocket and launching it into space. That is completely insane for so many reasons that I can’t even go there. Also nuclear power is another technology that is totally useless without subsidies. It simply cannot cover its own costs, not even including the costs of accident cleanups and storage that will have to remain functional for half a million years.
Based on CURRENT, KNOWN technology, I agree (as do most people in the Space program, gov't, etc.). Having said that, however, it opens the door to what I said before: space exploration creates new technologies. Who's to say that one day we might be able to safely transport nuclear waste out of the atmosphere WITHOUT the violent force currently used to attain orbit and beyond?
The Space Shuttle was once envisioned to be a vehicle that could be carried to a very high altitude by a 747, then separate and continue on its own into outer space. That proved to be problematic, but not something that was conceptually impossible.
New energy sources, new materials and new manufacturing techniques are discovered all the time. One day we might have a series of low-to-high orbiting stations that could safely get a payload into space without the risks of today.
We don't know unless we try.
As for subsidies, when nuclear power has replaced fossil fuel plants, the cash will be there to sustain it. And, since the gov't regulates that industry to death, it's not unreasonable for them to assist with compliance. Simply inspecting and writing up discrepancy reports is not the most effective problem-solving process, especially in gov't.