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Re:Musk files to provide Internet service from space by crorella on Tuesday June 09, 2015 @09:54PM (#9689595)
It looks like the approach was different: instead of having several thousand of small and 'cheap' satellites, they were aiming for an expensive and big one.
Re:Musk files to provide Internet service from space by dwg on Wednesday June 10, 2015 @12:29AM (#9690045)
Presumably this is because of the cost of launching the satellites (obviously quite a bit more than racking a server in a data center).

Nonetheless, if this strategy beats the latency, then I agree that it's the right one.