I don't think our current hypercapitalism is condusive to space exploration.

We'd have to set aside the desire for profit in order to maintain expensive infrastructure and fund stuff that would keep people sane in space like cultural events, third spaces, nature domes, etc. Hard to imagine in an austerity regime that doesn't even want stuff like national parks and for old folks to be able to retire and spend a few years with the grandkids before dying.

Depending on communication times and if there are hostile aliens etc you'd have to delegate a lot of authority out to commanders of space stations and planetary governors to make decisions, levy troops etc instead of micromanaging from above, hence feudalism.