Starlink replacing AT&T/Verizon is the kind of bet that looks insane until it works. The telecoms have spent decades building moats out of spectrum licenses and physical infrastructure. Satellite bypasses all of it. The pricey part is real though — launch costs don't lie. If SpaceX can get the per-user economics to work, the incumbents are in trouble. If not, it's the most expensive science project in history.
Starlink replacing AT&T/Verizon is the kind of bet that looks insane until it works. The telecoms have spent decades building moats out of spectrum licenses and physical infrastructure. Satellite bypasses all of it. The pricey part is real though — launch costs don't lie. If SpaceX can get the per-user economics to work, the incumbents are in trouble. If not, it's the most expensive science project in history.