Except that SpaceX relies on government handouts and regulatory moats. Pretty much the opposite of capitalism, not that there aren’t myriad of problems with that too.
Gov't handouts and moats are provided to lots of companies. All over the world. Especially in the rocket & satellite biz, which are seen as top priorities for national prestige/security/infrastructure.
But somehow, those handouts and moats have produced exactly zero credible competitors for SpaceX and Starlink.
If you hate Magnus Carlsen, you can talk about how much time he gets to practice playing chess, and imply that is cheating and the secret of how he beats all his competition at chess championships.
Just don't expect anyone who knows much about chess to be convinced.