I don't think launching up bulk anything is a goal of their system.
In a world without
SpaceX and/or
Stoke Space in the market,
SpinLaunch might have been a serious competitor for launch services.
The bottleneck for SpinLaunch is that (currently) they're aiming for a payload market of up to 200kg ... and their launch system isn't something that can "rapid fire" (for lack of a better image). A single payload launch will take over an hour to depressurize and spin up for a single launch.
Let's be generous and assume 1 launch every 2 hours.
That's 12x 200kg payload in launches per day, if running the system 24 hours a day.
A single Falcon 9 can deliver 22,800kg to orbit.
Yes, the $ per kg will be higher on a Falcon 9 ... but you can deliver all that payload in a single launch.
For the purposes of comparison, you'd need 114 SpinLaunches to match that payload delivery (equivalence). That would take 9d 12h to complete 114 SpinLaunches ... and those 114 payloads would all be in different orbits, so if you've got a "some assembly required" payload that requires more than 200kg to aggregate, you're going to be "paying" for that in reduced payload (due to maneuver fuel required for launched payloads to rendezvous in orbit) cutting into your "useful" payload fraction.
The comparison gets MUCH WORSE when trying to measure up against Starship, both in terms of payload to orbit and business economics.
So SpinLaunch is really just playing for a MUCH SMALLER end of the launch market than what SpaceX and Stoke Space are aiming for.
200kg of payload capacity
isn't a whole lot ... although it's certainly better than nothing.
It's basically
microsatellite territory, as far as market segments go.
I'm personally less concerned about the
engineering of SpinLaunch, since the notion is structurally sound from a standpoint of physics and engineering. The bigger problem is one of economics.
If a competitor comes along (say ... SpaceX with Starship) that can deliver massively bigger payloads (1000x in fact) at an even lower cost than SpinLaunch can provide for microsats (minus the 10,000G launch stress factor), then SpinLaunch is going to wind up on the wrong end of the "we make it up in volume" economic equation for viability as a company providing a service.
The main obstacle here (on the economics front) is
Wright's Law ... that for every x2 of production, the cost of the product drops by X% (which can go as high as 30% in some industries). If SpinLaunch isn't able to SCALE (massively) then they won't be as competitive of a launch services provider ... which will then cause them to "wither on the vine" (so to speak) in a "winner takes most" competitive market where customers are price sensitive (I mean, go figure, eh?

).
Meanwhile, you've got SpaceX sitting over there with ambitions to launch 1000+ Starships every 2 years to Mars for decades.
Massive SCALE is the entire point and purpose of the program. It's kind of baked in to the notion of making humaniti an interplanetary species.
SpaceX is going to be putting Starships into mass production, unlike every other rocket company in history, once they get past the test program (that they're in now).