(Not the person you replied to)

No, it doesn't. Fundamentally, no matter how many satellites SpaceX shoots up, it's still a geographically shared medium with significantly more latency and lower bandwidth than DSL or direct fiber.

It's a stopgap for extremely rural areas that even in a thousand years couldn't recoup the investment of laying fiber, RVs, EMS, the military, ships, planes... but that's it. It can't ever beat a good 1 GBit/s fiber, much less the 10 Gbit/s you can get in some particularly well developed places.