I love to watch the competition between the rich in their quest for “one upmanship” as it creates jobs. Would these jobs and yachts exist if taxes and the government took everything? Of course not. The government would take in revenue and either pay out to cronies in contracts or buy votes from those dependent on welfare and other assistance programs. At least we get a good product from these funds being spent. While the jobs may not be full time, there will be skills learned and technology developed that will have future applications. And who knows what billionaire will step up to surpass the extra 40 meters?
The jobs don’t stop on launching. It costs 15% of the construction cost per year to crew and maintain them.
These are the greatest jobs programs around. 100s of skilled laborers work on them during construction and forever.