> I'm amazed at how the other space companies have failed to offer competition to starlink

Revenue estimated in the 7-8bn range last year. That's pretty tiny for a telecom, especially one with global scope; it's about the size, say, of France's fourth largest telecom. Profitability would be almost impossible to estimate (to what extent should rocket development costs be laid upon it, say?) but realistically you wouldn't expect it to be profitable.

Like, it is not necessarily a business you'd want to be in.