Earlier quoted context omitted.
Many technologies are developed long before they are viable because they have military value. Access to space is currently a major national security issue, so a space elevator could be a manhattan project. Some technologies are developed by the free market before they are economically viable too. LEO constellations for instance (both the original - iridium, and starlink).
>developed by the free market >iridium For some reason I was skeptical of this (suspiciously tidy) myth-making, and the more I look into it the more I'm convinced I was right to be skeptical. Turns out the relevant engineers -- Ken Peterson and Ray Leopold -- both worked on military and government communications systems immediately prior to being hired at Motorola and starting the Iridium project. Peterson's bio is r…
I think your point supports the general thesis that many technologies are developed before they are economically viable.