Earlier quoted context omitted.
I think the main problem is they lost the edge on execution. Traditional "vision" is not strictly needed for moonshot projects; the vision for moonshots is provided by a small team working on their idea. But should the technology start panning out, the company needs to focus aggressively on finding a commercial home for this technology. And this is where I think google (and many big companies) fail. Technologically,…
Well, their target market is very poor people, which is not normally a great segment to expect to be early adopters of expensive new technoogies. Also they're competing against Starlink, which is basically the same concept but in space, which is probably impossible given that LEO is well understood and Musk can launch tons of long-lived satellites quite cheap.
Occasionally starting moonshots as "high risk, uncertain reward" is OK for a short time, but if there is no clear reward on success after a year or two it might be continued as a PR or a charity, but not a moonshot. My 2c.