Elon Musk is in even more trouble now.
The Federal Communications Commission recently announced that Elon Musk's space venture won't receive the almost $900 million in promised subsidies.
Starlink satellite internet business after all — a substantial setback that couldn't have come at a worse time for the billionaire entrepreneur.New York Times (News) ANALYSIS President Biden arrived at Air Force One on Monday with a jaunty step, a playful manner and a huge grin.By Published 8 seconds ago There’s a lot yet to unpack in the 700+ page Inflation Reduction Act of 2022.New York Times (News) Gas prices in the United States fell below $4 a gallon on Thursday, retreating to their lowest level since March, a drop that has brought relief to Americans struggling with the skyrocketing cost of everything from groceries to rent.
The federal regulator was counting on SpaceX speedily getting its high-speed internet service up and running across rural America, but the company "failed to demonstrate that [it] could deliver the promised service," according to an announcement by FCC chairwoman Jessica Rosenworcel."Starlink’s technology has real promise," she said.He meant physically, having finally ended his lengthy bout with Covid-19, but he could have been talking about his presidency writ large."But the question before us was whether to publicly subsidize its still-developing technology for consumer broadband — which requires that users purchase a $600 dish — with nearly $900 million in universal service funds until 2032.Let’s be honest." The controversial grant was handed out by former FCC chairman Ajit Pai under the Trump administration, back in December 2020.Biden has emerged from medical isolation to a new political world.The commission doled out around $9 billion in funding to 180 different broadband providers at the time, as part of the Rural Digital Opportunity Fund, though critics did accuse Pai of mismanaging the auction and sending funds to the wrong areas.Energy costs feed into broad measures of inflation, so the drop is.
But SpaceX's application for the almost $1 billion boost — the largest tranche meant to bring broadband service to 642,925 locations across 35 states — has now been rejected, leaving a major hole in SpaceX's efforts to roll out its global internet service..We really shouldn’t be sacrificing our earthly home for the convenience of being able to fly anywhere in the world at a moment’s notice.And remember, for context, that Starlink is the backbone of Musk's vision for the company — to the degree that he explicitly mentioned the service when he warned employees of a possible SpaceX bankruptcy in a.Helping Musk succeed, though, isn't the mandate of the federal government.."After careful legal, technical, and policy review, we are rejecting these applications.That’s nearly 100 times more than the entire world will produce this year.Consumers deserve reliable and affordable high-speed broadband," Rosenworcel wrote in her announcement.
"We must put scarce universal service dollars to their best possible use as we move into a digital future that demands ever more powerful and faster networks." "We cannot afford to subsidize ventures that are not delivering the promised speeds or are not likely to meet program requirements," she added.50 per gallon for sustainable fuels with 50% lower life cycle greenhouse gas emissions than standard jet fuel.It's yet another setback for Musk, who has been embroiled in a fierce legal battle to buy Twitter as of late, a chaotic and expensive mess of his own making.The news comes after official filings revealed that Elon Musk.
Ouch. “Trouble is a friend…No matter where you go, no matter if you are fast or slow”😺
Democratic Wins Prompt Speculation of Biden ComebackPresident Joe Biden has seen multiple legislative wins that some say could boost Democrats’ 2022 elections outlook. See potential bias and similarities in coverage from nytimes, BBCNews and NRO: JoeBiden Politics nytimes BBCNews NRO He’s dead again 2 years later?
IRA Puts Economic Muscle Behind Search For Sustainable Aviation FuelThe Inflation Reduction Act contains major new incentives for the sustainable aviation fuel research and development. Green hydrogen would be cool. interesting twelve_co2
Average Gas Prices Fall Below $4 Per GallonSee multiple perspectives from Reuters, Washington Times, and New York Times (News) at AllSides.com.
FCC denies SpaceX bid for nearly $1 billion in rural broadband subsidies for StarlinkThe FCC said Starlink 'failed to demonstrate that the providers could deliver the promised service' needed to receive the subsidies. thesheetztweetz Good. Let Musk pay for it out of his own pocket, he certainly can afford it. Socialism for the corporations must end.
Fire crews leave Delaware to help battle wildfires in CaliforniaAction News and 6abc.com are Philadelphia's source for breaking news and live streaming video online, covering Philadelphia, Pennsylvania, New Jersey, Delaware.
How Detroit moved on from its legendary bankruptcyA new wave of development is rippling through downtown Detroit. Residents say the changes have the potential to be beneficial, but also raise concerns over gentrification and displacement. Watch the video to learn more. Make up your mind. Do you want prosperity or to house the poor? Pick one. You cant have both. Please explain gentrification to me? People moan about how crime ridden and run down their neighborhoods are. Fix them up and they get mad. Leave them alone and they get mad. The idea is everyone wants a luxury condo and the govt/taxpayer to supplement the cost of living? There are problems with the audio on some segments of this interesting video. Please fix it and post it again.