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Yeah, I'm speculating and so are you. Your citation is an Elon tweet. I'm not talking satellite to satellite latency, I'm talking total latency end-to-end. I'm also not saying the …

Is this some fixed point-to-point line of sight terrestrial microwave link? I'd believe that could do it. Do HFT people ever communicate with spacecraft though?

I haven't seen a link budget. Do you have a link for one about the "likely error rates"? My guess is Starlink is going to need FEC for Doppler effects and multipath in urban enviro…

Each RF hop is going to have more latency than fiber for RF physical layer processing. Forward error correction intentionally uses large frames to spread out burst errors.