Musk’s Starlink stands to benefit from changes to a broadband equity program

Another day, another move from the Kozamaz management Elon musk benefits – Shock. This US Department of Trade Declared overhaul of 2021 Broadband capital, login and placement (bead) program And $ 42.5 billion, this funnel will work in Starlink.

The bead program is originally designed to finance states for fiber-optic cable installation, to increase Wi-Fi networks and to produce free broadband Internet for some individuals. Fiber-optic broadband provides internet speed, but the new mandate bead will be saved from the preference.

“The department destroys the meaningless requirements of the Bunden administration,” he said. “This updates the beads program to take a serious managed technological-neutral approach with the results, so states can provide the internet at the lowest price.”

The writing on the wall is clear: Musk is the world’s richest man, the leader of a department to reduce government waste (Read: Cut many critical workplaces and programs) and a right hand-handing to what can be described as an authoritarian government is about to earn more money.

In 2023 under the leadership of Biden, Starlink received a refusal from the Federal Communications Commission In subsidies of $ 900 million. FCC, the Starlinkin application, which is part of the Rural Digital Opportunity Foundation program, has not met the requirements of the program.