That's a very valid argument. Both SpaceX and Tesla are quite capital efficient. Maybe another angle to consider is what's being optimized for? What outcomes would be considered successful for these federal agencies? That's probably going to tell us more about whether the austerity measures that seem likely result in more efficient use of resources to create successful outcomes.
One thing that seems worth think through more is whether the stated outcomes of those agencies is what's actually be optimized for, or whether those are suborned for personal gain by a few parties.
One thing that seems worth think through more is whether the stated outcomes of those agencies is what's actually be optimized for, or whether those are suborned for personal gain by a few parties.