Two things:
1) it requires a massive money pit to make that compute worth anything
2) it requires charging a premium price
To compare to two previous bubbles; railways in the UK and USA.
running trains was really quite cheap and engines weren't expensive per passenger served. Compared to stage coaches, the number of staff needed was < 50%. the Massive fucking problem was that it needed GDPs worth of money to make the railway in the first place. Moreover as more railways were put in it significantly altered profitably of railways near them. Lines that were there for produce moving suddenly lost profitably because the produce they were moving fell out of fashion
That was true a quarter ago, when Elon still wasn't charging them. Now that he is they're making about $0.96 for ever $1 of compute.
Genuinely asking.
Just throwing numbers at eachother without back up isn't helpful to anyone reading