SpaceX-ek 888.5 milioi dolarreko gobernuaren diru-laguntza galdu du Starlinkentzat

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The Federal Communications Commission has denied SpaceX’s application to receive $888.5 million in funding to bring its Starlink satellite broadband internet service to rural areas, the agency iragarri Wednesday, a major blow for the company founded and led by the world’s richest man, Elon Musk.

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FCC Chairwoman Jessica Rosenworcel said in a statement Starlink’s subpar Internet speeds and high user costs led to the rejection, though she noted “Starlink’s technology shows real promise.”

The FCC’s decision comes after SpaceX initially irabazi the nearly billion-dollar subsidy in December 2020, as part of the FCC’s $20.4 billion Rural Digital Opportunity Fund to bring faster internet to underserved parts of the country.

Forbes has reached out to SpaceX for comment.

The FCC also rejected the application of fixed wireless provider LTD Broadband, which was initially awarded $1.3 billion in funding, the most of any provider, determining the company did not have the capacity to adequately build out its broadband services.

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Starlink users must have a $ 599 satellite dish, known as a user terminal, and pay $110 in monthly fees to use the broadband service. SpaceX’s 2020 winning bid for the FCC subsidy was hailed as a major win for the company, and Quilty Analytics senior analyst Caleb Henry esan zuen at the time the deal was “great for SpaceX because now they have an anchor customer” and an “assured source of revenue.” Musk told SpaceX employees in June he hopes to spin off Starlink as a public company “three or four years from now,” CNBC jakinarazi, delaying his prior plans to take Starlink public as soon as 2022.

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$125 billion. That’s SpaceX’s latest valuation, making it the second-most valuable start-up in the world, arabera to CB Insights. Musk owns 47.4% of the company, according to a 2020 FCC Aurkezteko Forbes estimazioak Musk is worth $263.3 billion.

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Elon Musk-en SpaceX-k 885 milioi dolar irabazi ditu FCCren diru-laguntzetan landa eremuei banda zabaleko sarbidea emateko (Forbes)

Source: https://www.forbes.com/sites/dereksaul/2022/08/10/spacex-misses-out-on-8885-million-government-subsidy-for-starlink/