How would the cost be justified? Sure living on the moon is a dream come true for all sci-fi fans. Say we successfully build a dome, only the super rich would afford it. Then in a couple of years we'll call ourselves lunarians and declare independence from Earth.
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In my opinion yes, the cost would be quite justified, you could generate tons of energy up there, build superships and send them out into the void, ship raw materials back to earth, many interesting things.
Agreed. I'm sure Elon is already raising funding for this :-)