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SpaceX denied nearly $900 million in broadband subsidies

4 years 2 months ago
In a high-stakes decision, federal regulators announced Wednesday that SpaceX will not receive nearly $900 million in subsidies that the company was awarded in December, citing the fact that its satellite-based service is "still developing technology" and the company "failed to demonstrate that [it] could deliver the promised service."
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4 minutes 41 seconds ago
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