While you’re probably right, I wonder if we would’ve said the same thing about GPS

As far as I understood, I always thought that they just used other people’s rockets to piggyback their own satellites to space basically for free

For Starlink and SpaceX, I can probably understand the business model, considering the race to getting more satellites to orbit be it for surveying or in case of Starlink stable Internet anywhere. But anything beyond that, like data centers in space I just ridiculous. No way that their valuation is anywhere near what it is realistically.