For example Tesla has a market value greater than every European carmaker combined, having gone from approximately 0 annual car deliveries to over a million in just a few years while revolutionizing electric travel. Or with space x developing reusable rockets that have utterly transformed the industry. These companies will contribute to economic dynamism and wealth creation for years and decades.

Macron said of American space companies, “Unfortunately they’re not European, but they took a bet”. Perhaps at a certain level you need people with lots of money who are willing to risk it