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.