Starlink Funds Denial: US House Oversight Committee Investigates FCC’s USD 885.5 Million Subsidy Revocation of Elon Musk’s Internet Company
US House Oversight Committee began investigating the decision taken by FCC to revoke 885.5 million subsidy from Elon Musk's Starlink company for rural internet service.
The US House Committee on Oversight and Accountability said that it was investigating the decision taken by FCC (Federal Communications Commission) to revoke SpaceX Starlink's USD 885.5 million Rural Digital Opportunity Fund (RDOF) subsidy for rural broadband connection. US FCC said that the decision to deny funds to Elon Musk's Starlink satellite internet company was based on the company's failure to meet the basic program and required performance. The commission said SpaceX's Starlink was not able to demonstrate that it could deliver the promised services. Committee Chair James Comer asked the USD FCC to turn over documents by October 21 related to the decision. SpaceX's Starship Fifth Flight Test Launch on October 13 After Getting Approval, Elon Musk Says ‘Launch Could Be As Soon as Sunday’.
US House Oversight Committee Investigates FCC’s USD 885.5 Million Subsidy Revocation on Elon Musk's Starlink
🚨 Chairman Comer Probes FCC Decision to Revoke Starlink Funds pic.twitter.com/vrubPU7NkG
— Oversight Committee (@GOPoversight) October 7, 2024
US FCC's Starlink Subsidy Revoking Decision Questioned
NEWS: House Oversight Committee said today it is investigating the @FCC's decision to deny SpaceX satellite internet unit Starlink $885.5 million in grants for rural broadband.
The FCC said in December reaffirming its decision that the decision impacting Elon Musk's space… pic.twitter.com/2gNA75fz5u
— ALEX (@ajtourville) October 7, 2024
(The above story first appeared on LatestLY on Oct 08, 2024 09:20 AM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).
