I see it as a win-win.
Except when they put up about 70x new satellites then what we currently have up there, and cause a cascade of collisions that results in nothing being able to enter orbit (including humans travelling to space).
We're at 14k satellites.
100k is the cascade failure limit.
Space X is proposing one million satellites.
Edit: my "70x" figure is very fuzzy just-woke-up early morning math. No guarantees.
Edit 2: dang! One million divided by 14k is 71.428! I almost nailed it.