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SpaceX Starlink Denied $900M Subsidy, Gains 1.3 Million Customers

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Source: Reuters
SpaceX Starlink Denied $900M Subsidy, Gains 1.3 Million Customers
Photo: Reuters
TL;DR

The U.S. Federal Communications Commission (FCC) has upheld its decision to deny SpaceX's satellite internet unit, Starlink, a $885.5 million subsidy for rural broadband. The FCC cited Starlink's failure to meet program requirements and its inability to demonstrate the delivery of promised services. SpaceX expressed disappointment and confusion over the decision, arguing that Starlink is the best option for achieving the goals of the rural internet program. Two Republican FCC commissioners dissented, suggesting that the Biden administration's animosity towards Elon Musk was a factor. Despite the setback, Starlink continues to expand its satellite network and currently has around two million subscribers.

Topics:businesstechnology#fcc#rural-broadband#spacex#starlink#subsidies#technology
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  1. US agency will not reinstate $900 mln subsidy for SpaceX Starlink unit  Reuters
  2. Starlink loses out on $886 million in rural broadband subsidies  The Verge
  3. FCC issues final denial of $885M Starlink subsidy  TechCrunch
  4. FCC upholds denial of Starlink's $900 million rural broadband subsidies  SpaceNews
  5. SpaceX: Starlink Now Has 1.3 Million Customers in the US  PCMag UK

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