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There are two important branches for this questionfirstly robotic space exploration, scientific knowledge, important to learn about the solar system and put very sensitive long range sensors in space. It might be possible to put a very high velocity extremely deep space probe way outside the solar system but I am not sure that we have enough patience or equipment reliability to get to even the nearest stars because any practical probe would take more than a human lifetime to get there.Secondly manned space exploration. Initially to show we can do it, but going much beyond the moon possibly or Mars is extremely dubious on risks and value for money. Human beings are very heavy and need enormous life support systems for long space voyages.
If a war broke out for control of the Moon we would have to quickly develop our space travel resources so that we could get involved.