When a bullet is shot straight up from the Earth's surface, it will not fall back to the exact starting point due to the Earth's rotation. Although the bullet initially moves with the Earth's rotational momentum, it continues on its trajectory while the Earth rotates beneath it. The conservation of momentum indicates that the bullet retains its horizontal velocity at the moment of firing. Therefore, the bullet will land slightly away from the original position, depending on factors like the Earth's rotation speed. In conclusion, the bullet does not return to its exact starting point because of the Earth's continuous movement.