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FCC Rejects $900 Million Subsidy For SpaceX Amid Concerns Of Gov't Weaponization

• https://www.zerohedge.com by Tyler Durden

This concern was underscored in a decision by the US Federal Communications Commission on Tuesday to withhold approximately $900 million in rural broadband subsidies from SpaceX's satellite internet unit, Starlink. 

The FCC "reaffirmed" its initial decision from last year to deny SpaceX the $886 million in federal funding because it could not demonstrate program requirements, such as high-speed internet, for users in 35 states: 

"After careful review, we find that the [Wireline Competition] Bureau followed Commission guidance and correctly concluded that Starlink is not reasonably capable of offering the required high-speed, low latency service throughout the areas where it won auction support," the FCC said in a 3-2 ruling.