Elon Musk’s Spacex in letter to FCC: Stop spending billions on subsidies; establish a plan to end …
Elon Musk’s SpaceX wants the Federal Communications Commission to consider ending a $4.5 billion fund that subsidizes voice and broadband in rural areas. In a letter to FCC, Spacex argues that the satellite internet company has solved the connectivity gap by offering fast speeds at competitive rates. “The Commission’s universal service programs must adapt to…