Yeah, the new satellites being announced here have about 100Gbps apiece. They want a constellation of 30,000, have been approved for around 7000 so far IIRC, so they’d have 700Tbps total (less than that usefully as most will be over water). But they plan on another big upgrade by about a factor of 3 with Starship, which should bring aggregate capacity to 2Pbps. This will be most useful for places like Hawaii as the satellites will otherwise be idle, so will have lots of space capacity.

There are also competitors like OneWeb (smaller, but still useful) and Kuiper (not yet running, but potentially a comparably sized project, a project of Amazon’s), so this is just getting started.