For $380B you can get both AT&T and Verizon and you pay ~1.55x the revenue. Why pay 38x for Starlink?
I mean that Starlinks consumer broadband is valued at ~38x revenue, when other telcos are valued around 1.5x revenue. That revenue is 2533% more expensive, why pay such a big premium for something that's essentially the same?
Also, AT&T and Verizon customers don't love their provider. They despise them. I walked into a Verizon store last year and was outright scammed by the staff member into their insurance plan after explicitly declining it (they just added it to the bill anyway).
These legacy companies will be irrelevant.
10 years is a long time, considering the global reactions to America under Trump, and also Musk's tight coupling to Trump, and even in the US given how many bridges Musk burned.
If Starlink was properly spun off and independent of Musk this would be much less of an issue, but now? Now the rest of the world is likely to treat it like the US treats Huawei.