Earlier quoted context omitted.
I worked for an ILEC providing cable/dsl/fiber service and just the rough napkin math around SpaceX's launch costs makes it look significantly cheaper. Besides the whole digging and laying cable costs, last mile work is expensive. You have to employ huge crews. Construction crews constantly dig up & cut your infrastructure "by accident" and the cost of recovering the fines from them is as much as the fines pay out. H…
The SpaceX approach also completely bypasses a ton of the nonsense local bureaucracy, stonewalling by existing ISPs, etc that a company would have to deal with to put in cables, towers, etc in the first place, saving both time and money.
I've been pegged at 1000% excitement since I first found out about this project a year ago. This is the best thing to happen to this service industry since probably ISDN.