Comment by Ekaros
6 hours ago
I don't really see anything that really matches their valuation. Yes there is some value in launching stuff in space. But it ain't not trillion.
And for starlink. There is some market. But if terrestrial options got their stuff together it is not that big either. Userbase is marginal. As they operate in areas that are not served by other options. And that market has real limit in size.
i feel like starlink could be huge, why not the default internet connection for everybody. similar to how people abandoned landlines for cell phones.
Customers who have fiber don't replace it even with terrestrial wireless.