Is Neom actually going to be built?

Are there any credible signs that the ambitious plans for Neom, the futuristic city in Saudi Arabia, are actually moving forward? Some skeptics argue that the project may just be a pipe dream, but with significant investments and high-profile backers, is there a realistic chance that Neom will one day become a reality? Have any tangible milestones been achieved so far, or is the project still very much in the planning stages? Given the scope and scale of the undertaking, are there any major obstacles that could potentially hinder its development? Ultimately, will Neom emerge as a symbol of progress and innovation, or will it fade away into obscurity?