Let's consider some downside questions: this concentration of compute in high orbit is invaluable for human progress but equally strategic for human capacity to make war and as such it poses perhaps an irresistible target to adversaries.
Spitballing well beyond my technical reach, it occurs that this target in the sky would be vulnerable to asymmetric warfare in which relatively cheap rockets could disable immensely expensive space farms. How are these obvious strategic targets to be defended? Could we possibly envision orbital golden drones protecting them?
Would they be protected by hunter killer satellites? Who would control them? Who would pay for them? Space X would want the taxpayers, read American taxpayers, to defend them with our Space Force. American taxpayers might insist that shareholders of Space X pay. Shareholders of SpaceX might insist that the ratepayers foot the bill for the defense of the system that services them.
Is the defense system to be multinational? Now the questions of command-and-control and financing immediately become far more complex.
Are we in to expect a multinational, global super agency to regulate these things? Should we look to the Atomic Energy Commission for guidance? Are we unintentionally going to birth another United Nations?
