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SpaceX loses almost 1 billion dollars in funding
The Federal Communications Commission (FCC) recently confirmed its previous decision from 2022, denying SpaceX’s Starlink satellite internet service $885.5 million in rural broadband subsidies. This decision came after SpaceX, led by Elon Musk, contested the initial ruling, claiming that Starlink was capable of fulfilling the requirements of the subsidy program.
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By Stage Zero Studio
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The Federal Communications Commission (FCC) recently confirmed its previous decision from 2022, denying SpaceX’s Starlink satellite internet service $885.5 million in rural broadband subsidies. This decision came after SpaceX, led by Elon Musk, contested the initial ruling, claiming that Starlink was capable of fulfilling the requirements of the subsidy program.
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