Our current scientific understanding suggests that the universe is continuously producing new stars, although the rate of star formation may vary over time. While a significant portion of stars that will ever exist in the universe may have already formed, it is believed that star formation will continue for an extended period.
Stars are primarily formed within vast clouds of gas and dust called molecular clouds. These clouds can collapse under their own gravity, leading to the formation of new stars. Over time, stars exhaust their fuel and eventually die, releasing elements back into the universe. These elements can then contribute to the formation of future generations of stars and planetary systems.
Observations have shown that star formation is an ongoing process in various regions of our galaxy and other galaxies. Furthermore, as the universe continues to evolve, new molecular clouds can form, providing the potential for the creation of additional stars.
While the exact details and timeline of star formation in the universe are still areas of active research, it is generally accepted that the universe has not yet reached a point where it has made almost all the stars it will ever produce. The formation of stars remains an ongoing and dynamic process.