In some regards, yes, certainly it is. In other regards, not so much.
We have a cold war going on between India and Pakistan, two nuclear powers, still, that involves nations housing 1.5 billion people combined.
We have a more and more polarized West that's basically fighting a bit of a civil cold war right now, "populism" against "progressivism" or whatever you'd like to call it.
Putin is the oldnew Enemy of every Western politician and pundit (exceptions prove the rule).
And we have a China that looks at all that and mostly quietly builds up their influence in the world, that one could consider a bit of an economic cold war.
Oh, and China is literally doing moonshots, too [1]. And so is India[2].
[1] https://en.wikipedia.org/wiki/Chinese_Lunar_Exploration_Prog...
https://en.wikipedia.org/wiki/Chinese_Lunar_Exploration_Prog...
[2] https://en.wikipedia.org/wiki/Chandrayaan-2