The scarier part is that a lot of people will see this as good news.
I came here to see if the comments could explain to my why this obviously bad thing is actually good. Its somewhat comforting to see others worried about the implication. The fact is that governments (aka public funding) is really what drives the biggest most impactful sorts of scientific breakthroughs. Think: NASA spinoffs, the internet, rocketry, MRNA, etc.
I know that the US has been failing to fund important things like Fusion for more than 40 years now but its sad and scary to see it halting.
There's a good chance they'd have been put to use strengthening the advertisement-dopamine-corporate control cycle that humanity is currently suffering under.
Why? If they instead move to EU, that's a win for EU.