The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
starlink may benefit from new federal broadband funding program changes
Elon Musk's Starlink may soon qualify for a $42 billion federal grant program aimed at expanding high-speed internet access in rural areas, as the Commerce Department shifts to a tech-neutral approach. This change could benefit satellite services, previously sidelined in favor of fiber-optics. However, concerns about conflicts of interest arise, given Musk's influence and the government's ongoing budget cuts.