• SpaceX loses 900 million in internet subsidies

    From Frank Howell@21:1/5 to All on Wed Aug 17 22:51:04 2022
    Why?
    Here's the deal: Federal regulators just announced that Musk's private
    space tourism company, SpaceX, will no longer receive nearly $900
    million in subsidies that it was awarded last year because the company
    "failed to demonstrate that [it] could deliver" the internet service it promised.

    The FCC is yanking the subsidies back, saying that the Starlink service
    is "still developing technology" and that its speeds have been
    declining. https://tinyurl.com/2nyhyvx5

    PT Musk knows a there's a sucker born every minute. In RORT it's every
    second.
    --
    Frank Howell

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