SpaceX and to a much lesser extent Tesla are good examples. Excluding those for a minute, what else does the US have world-leading manufacturing of?

Semiconductors? Nope.

High speed rail? Nope.

Auto industry? Nope.

Major infrastructure projects like bridges, tunnels, airports, etc? Nope.

Electronics (phones/laptops/etc)? Nope.

?????

The US is not exactly a manufacturing powerhouse.

Why mention Tesla in here?

They produce 1.8M cars/year while GM and Ford produce 6M and 4M, respectively. (2023. https://en.wikipedia.org/wiki/List_of_automotive_manufacture...)

GM went bankrupt, and are not producing anything that would sell globally. They’re a dead company walking.

If the Chinese EV tariffs are dropped, or if BYD start manufacturing at scale in the US, all the old US auto manufacturers are dead.

Americans like f1/2/350 to much

It is a rent extraction/wealth transfer powerhouse.

At least for now.

I'm not sure which company you're referring to here but I do here this claim a lot about SpaceX and while i'm anti-rent-seeking I don't see SpaceX as a rent-seeking company. Yes it has gotten some grants to develop particular programs and promises from the US government to buy services but all up we're talking about (IIRC) $10-20 billion.

We just gave $40 billion to Argentina for pretty much no reason whatsoever.

Now the US government has spent a whole lot more on SpaceX but they're buying services.

SpaceX is an incredible bargain compared to the alternatives like ULA.

Can you elaborate how SpaceX is an extraction/wealth transfer powerhouse?

The production of cutting-edge semiconductors requires a global supply chain. The US's main contribution to that supply chain is (very expensive) software required in the design of an IC.

The US is second in manufacturing and far ahead of numbers 3 and 4 (Germany and Japan IIRC).

> The US's main contribution to that supply chain is (very expensive) software required in the design of an IC.

EUV tech is from American universities, licensed by choice by the US Government. In a world where Nikon was a much smaller optics player, they'd be the ones building EUV machines, and we'd be pretending Japan was the source of this tech.

The US's main contribution is doing the research required to make this whole thing possible.

Anyone can do any of those above industries as well, what's your point?

See the grandparent's comment about global supply chains. Everyone requires everyone else in those industries, no one does it all on their own.

I posit that software has no such supply chain dependency, literally anyone can do it, and thinking the US is unique in their ability to produce software isn't accurate.

Why doesn't everyone else simply start their own silocon valley!?

ByteDance, Alibaba, Baidu, three of Silicon Valley's most famous companies responsible for uniquely American successes like TikTok.

> literally anyone can do it

Doesn't it seem odd to you that only the two largest economies in the world are doing something so lucrative if literally anyone can do it?

I only need to list one other example to illustrate American exceptionalism is not an exception.

Data centers.

Teslas are built like shit compared to other cars.