@sundogplanets
Real answer? It's a scam. Like everything musk.

There's basically no LEO commercial market, and space X is viable only as a pork barrel for the US DoD. Not bad, but not attractive enough to get billions from VCs.

So to create that market, a BS use was drawn up (a worse in every way internet connection than fibre) requiring insane numbers of launches, which musk pays to himself, to have nice growth numbers.