Land cost will also start to matter, but probably not at the scale that Starlink is doing. Regardless, orbitals are real estate.

Comparable in cost or capacity? Small datacenter is maybe around 20MW of compute.

What a ridiculous waste of money.

What? Starlink made $72,000,000 in net profit last year. How is that a waste of money?

Where are you getting those numbers? SpaceX is a private company.