That could already be the case. Round trip time to the ~500km orbit is about 4 milliseconds (+ all other network elements before, after and in between). They claim to have a >5000km link running for significant time. Now think of a fibre link of that length and how many repeaters / routers will be needed due to attenuation and physical constraints. I can clearly see a path where Starlink laser links could be a viable option to subsea cables - at least for some priority traffic...