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Elon Musk’s SpaceX gets $885M from FCC to help bring broadband to rural US – Source CNET Internet News

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The Falcon 9 launch in November 2019 carried 60 Starlink satellites.


SpaceX

The Federal Communications Commission has awarded SpaceX almost $886 million as part of a program to help bring high-speed internet to rural areas in the US. A total of 180 companies won part of the $9.2 billion up for grabs in phase one of the FCC’s Rural Digital Opportunity Fund auction. The money will help provide most rural areas with broadband speeds of at least 100/20 megabits per second — and over 85% with gigabit speeds. 

Elon Musk’s SpaceX was granted $885.5 million during the auction. Under…

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Source CNET Internet News

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