analogy
If you lived between two cities, each with TV stations...
..and had an antenna aimed at each ...
.. then combined the two antenna output (this is like two satellites lighting up one LNB)...
.. then what would happen?
In the best case, you might get signals from both cities, as long as they were on different channels...
(that would correspond to being on different transponders)
However, if the two cities each had a station on channel 7, your receiver would get the two combined channel 7 signals, and unless one were much stronger, you'd get nothing the receiver could decode.
You can certainly experiment with two birds into one LNB, but in the end, I suspect no good will come of it.
And frankly, the guys trying to watch C-band on a little dish, are up against the same problem.