Earlier quoted context omitted.
It’s just as absurd today as it was in the 60s. It’s an artificial challenge that focuses attention, with the goal of exercising government, industries, academics, etc. and maybe learn and invent a few things along the way. Yes, yes, Cold War and all those theories. But it had and can again have this greater effect. It’s kind of like a FIRST Robotics Challenge for nations. The specific goal really doesn’t matter and…
Excellent point! I'd add that it also serves to inspire regular people and get them interested in science. Unfortunately, I think that's the problem with some of the rhetoric like "the green revolution will be the next space race!" For better or worse, solar panels aren't as inspiring to most people as space is.
If the same resources were put into popularizing advancements in energy, you'd see more excitement. As it is, there are kids growing up excited about environmentalism like there were kids growing up excited about space.