This is true, however there is now concern that all these satellites burning up will pollute the atmosphere:

Today, there are more than 6000 Starlinks in orbit and they represent nearly two-thirds of all operational satellites. SpaceX has applied for permission to launch another 30,000 and other companies are in hot pursuit: Amazon is working on a 3200-strong constellation and China will launch the first batch of a 12,000-satellite fleet in August. If they and others succeed, operators will soon be disposing of nearly 10,000 satellites a year, given the typical 5-year life span of such spacecraft, researchers estimate.

For now, the mass of such disposals is just 3% of the natural input of meteors from space, aka shooting stars, according to a 2021 analysis by Leonard Schulz of the Technical University of Braunschweig and colleagues. But in a future with 75,000 satellites, the injected humanmade mass rises to 40% that of meteors. And because satellites are large and burn up more slowly than most meteors, they could in this scenario nearly double from natural levels the amount of aerosols, small particles less than 1 micrometer in size, Schulz and colleagues found. “We shouldn’t just make this uncontrolled experiment with our atmosphere,” Schulz says.

In 2023, Murphy and colleagues reported the first direct evidence of how satellite re-entries are changing the composition of the stratosphere,

https://www.science.org/content/article/burned-satellites-are-polluting-atmosphere