If the potential of a startup is proportionate to the size times the incompetence of its competitors, the most promising startup of all would be one that competed with national governments. It's not impossible; this is what cryptocurrencies do.
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Ok. But central to your argument is that NASA, in this example, is massively incompetent. I'm no astrologer but that seems like a wild mischaracterization. I'd also argue that space exploration is but a fraction of what they do.
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It probably is a mischaracterization, but it's yours, not mine. Federal agencies, however competent, do not act alone. Big budget projects inevitably involve Congress as well, and the combination is usually a shitshow.
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Hahaha SpaceX. And what do they do that the government doesn’t? Launch rockets?
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