Profit has not been the goal. If profit is the goal, one'd start another eyeball catching internet application. As the joke goes, the way to make a small fortune in space, is to start with a big fortune. SpaceX is the exception, not the norm. It worked only because of the unwavering, perhaps maniacal drive of one man. The man being hated on all over the place here that shall not be named.
I'd suspect the space industry will slow down drastically again if somehow that man stops putting space as a priority (or at least one of his priorities). Currently I don't think there's any one or company that is able to push the envelope AND still turn an operational profit at the same time. Even Starship program is not. Making it work is the exception, not some inevitable norm as others are making it as. Aka - "just because of government money".
I'd suspect the space industry will slow down drastically again if somehow that man stops putting space as a priority (or at least one of his priorities). Currently I don't think there's any one or company that is able to push the envelope AND still turn an operational profit at the same time. Even Starship program is not. Making it work is the exception, not some inevitable norm as others are making it as. Aka - "just because of government money".