"SpaceX has also proposed an additional 7,500 satellites operating even closer to the ground, saying that this will boost capacity and reduce latency in heavily populated areas."

This should be interesting, depending on how this is regulated on the legal side it could result in the major ISP's updating our infrastructure, of course nothing has stopped them from agreeing to update infrastructure then running off with our tax money in the past. Not to mention they will probably use legal means to hamstring this if possible. Hopefully this spurs competition in areas with stagnating ISP's and increases availability of low latency connections in sparsely populated areas.