Enough Musk Spam
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Starlink was never a viable business prospect. It never will be. Anybody who signed up to Starlink was just waiting for this to happen without knowing it.
I just generally doubt anything Musk does because of his track record. However, is there a particular reason why Starlink is inherently not viable? Could a competent person do it or it is fundamentally flawed? To put it another way is it cybertruck bad (yes people want electric cars but not a barely driveable dumpster held together with glue) or hyperloop bad (physics said no)?
It is closer to a hyper loop system. For the internet to have low enough latency it has to be put in quite a low earth orbit. That means we need more satlights to make coverage, ballooning costs. However that is not the part that kills it, it is that it is in such low orbit we can expect air resistance to significantly degrade orbits. There are too many satilights to reasonably boost them all, and when they start to degrade it will be too fast to reasonably replace them all.
That, and as they burn up upon re-entry, they're fucking up the environment:
https://www.space.com/spacex-starlink-reentry-pollution-damage-earth-atmosphere