FCC pulls back its $886 million funding for SpaceX’s Starlink

  • August 11, 2022
  • The FCC is canceling $886 million in funding for Starlink to expand access in rural areas, citing the satellite internet system’s cost and doubts over whether it can supply fast enough speeds.
  • In December 2020, the FCC awarded $886 million to SpaceX to help its Starlink service supply high-speed broadband to 642,925 locations in 35 states.
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