Its interesting how first impressions can be so deceiving. The world's largest private space agency (SpaceX) has completely changed the game in rural internet connectivity. Once upon a time, large chunks of the US had no reliable high speed internet. SpaceX has brought high-speed low-latency internet to every corner of the globe, even the middle of the ocean and Antarctica. This isn't going nowhere even if it seems that way.
SpaceX is not a private space agency though, it is a private space launch and satellite communications company, which has revolutionized access to space and access to communication, providing enormous social benefit.
People use SpaceX every day even if they never connected to a starlink -- the lower costs that governments pay for space launches means more money for other things, not to mention no longer paying Russia for launches or engines.
I think they're both overhyped by sci-fi optimism but I would agree (even being mostly an AI minimalist) the impact of LLMs (and their improvement velocity) is a lot meaningful to me right now. I mean satellites are cool and all.