Dude, it's valued at $32B and has practically zero revenue and won't have any for a year. At that point, they will offer what Starlink can already do *today* despite spending $1.5-2B to get there.
Then they need another $2B+ to deploy the next generation of satellites with L-Band to actually offer faster service and meanwhile Starlink will be deploying their next-gen system as well.
And just wait for the fanboys to try telling you the service is way different - hint: it isn't. They don't have the spectrum on the upcoming satellites to do more than low speeds across very large areas, so it will only be for texting and data...just like Starlink.
They have everyone thinking it will enable 120 Mbps to every user and that's simply not possible, but degens don't know better and just think they're going to get rich.