FCC Rejects Broadband Subsidies for SpaceX’s Starlink, LTD

FCC Rejects Broadband Subsidies for SpaceX’s Starlink, LTD
SpaceX founder and Tesla CEO Elon Musk speaks on a screen during the Mobile World Congress (MWC) in Barcelona, Spain, on June 29, 2021. Nacho Doce/Reuters
Reuters
Updated:

WASHINGTON—The Federal Communications Commission (FCC) rejected SpaceX’s Starlink and LTD Broadband’s applications for more than $2 billion in internet service subsidies, the FCC said on Wednesday.

In December 2020, the FCC tentatively awarded $9.2 billion to over 300 bidders to deploy high-speed broadband from the Rural Digital Opportunity Fund. LTD Broadband won $1.32 billion and SpaceX’s Starlink satellite internet network won $885.5 million in the 2020 auction.