Or $150 billion SpaceX? Internet constellations may be mildly profitable, but beyond that, most things are an endless money pit without clear path towards profit anytime soon. Like, no one is going to spend a trillion on a moon base (or exponentially more for mars) without plans to somehow recover all that money.

The US government is the one who routinely spends trillions with no plans to recover money.

And SpaceX has become their favorite place to put money over the last 5 years.

Moon is taxfree zone?