SpaceX loses almost 1 billion dollars in funding

from Stage Zero Studio with Wil Waldon · host Frontier AI Labs

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.

Episode metadata supplied by the publisher feed · Published Dec 14, 2023

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SpaceX loses almost 1 billion dollars in funding

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