A More Than 5000 spaceX Satelites is operated in Earth's orbit currently and that number could airship if Elon Musk sett of on his journey.
The recently revelations plan by Space X CEO Elon Musk to Deploy the next generation star-link Satelites at a much lower Altitudes to reduction of Latency on the network and make Satelite internet platform more like earthly or landbased broadband for its users.
The importance of lower Latency: Latency or Delay in Data Transmissions is an essential factor for internet Performance, specially applications like video communications and online gaming.
The earthly Bound internet connections typically has a response time of 20 milliseconds supporting realtime interactions, but currently the star-links latency is higher which is affected the quality of these applications.
A resilient, Secular Bound internet connection sould have latency of less than 20 milliseconds, which makes connections functionally realtime, because latency is more important than overall speed for applications like online video communications and online gaming activity, both of which is work not so well or having poor performances in current state. While streaming himself playing diablo 4 recently, Musk and spaceX will approach response time with its next Satelites redesign, which will orbit at 217 miles (350km) instead of 341 miles (550 km).
Conclusion, Basically, Elon Musk wants to make Starlink internet faster by putting satellites lower in the sky. This could help things like video chats and games work better. But, like other things Musk does, it might take a while to happen.