Elon Musk is in even more trouble now.
after all — a substantial setback that couldn't have come at a worse time for the billionaire entrepreneur.
"Starlink’s technology has real promise," she said. "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." 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"After careful legal, technical, and policy review, we are rejecting these applications. Consumers deserve reliable and affordable high-speed broadband," Rosenworcel wrote in her announcement.
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