SpaceX launched the first 60 StarLink satellites back in May, as part of its plan to create a global broadband network in a low-earth orbit (LEO) constellation. Not aimed directly at IoT devices, SpaceX’s plan was ambitious, and now it looks like things are not going according to plan. The company has lost contact with 3 of its new satellites, and given that it wants to launch around 12,000, that’s an unacceptably high failure rate. Of course, the charitable take is that these are just teething problems in what is not much more than the initial test program, and that these issues will be ironed out in swift fashion. The more cynical take is that a failure rate of 5%,…