
SpaceX pockets $900mln to bring net to rural US
- Hi-Tech
- Europost
US government is set to launch a massive spending plan to bring internet to rural areas. The envisaged amount is just shy of a billion dollars, CNN reported. Washington plans to give SpaceX a total of $856 million, one of the largest subsidies handed out by the Federal Communications Commission under a new program designed to encourage companies to extend broadband access into the US most underserved areas over the next 10 years.