• Investing
  • Stock
  • Editor’s Pick
  • Economy
The Significant Deals
Editor's Pick

Incoming FCC chair says unlikely commission could reinstate Starlink subsidy

by November 21, 2024
written by November 21, 2024

WASHINGTON (Reuters) – The incoming chair of the Federal Communications Commission said it is “very unlikely” the commission could reconsider its 2022 decision to deny Elon Musk’s SpaceX satellite internet unit Starlink $885.5 million in rural broadband subsidies.

FCC (BME:FCC) Commissioner Brendan Carr, who is set to become chair on Jan. 20, told reporters further action was unlikely because following a 2023 decision to affirm the denial there had not been any further reconsideration or appeal by Starlink.

Procedurally “it’s very unlikely the FCC would revisit that” but Carr added he has not fully reviewed the issue. The FCC said in December 2023 that the decision was based on Starlink’s failure to meet basic program requirements.

This post appeared first on investing.com
0 comment
0
FacebookTwitterPinterestEmail

previous post
NVIDIA Corporation (NASDAQ:NVDA) shares fell roughly 3%
next post
Spain’s lower house approves tax package extending bank windfall tax

You may also like

Trump’s Colombia tariffs on hold after Bogota agrees...

March 13, 2026

Analysis-To weather Trump, emerging market investors look to...

March 13, 2026

Fuji Media, rocked by sexual misconduct allegations, says...

March 13, 2026

China central bank conducts 1.7 trln yuan of...

March 13, 2026

European tech shares tumble as China’s AI push...

March 13, 2026

ECB president fears loss of central bank independence

March 13, 2026

Futures slip as investors eye China’s latest AI...

March 13, 2026

How billionaire Caltagirone could influence Italy’s banking M&A...

March 13, 2026

Markets may be repeating the mistake of 2019,...

March 13, 2026

How Italy’s MPS went from near collapse to...

March 13, 2026
Sign up and get the scoop before anyone else—fresh updates, and secret deals, all wrapped up just for you. We're talking juicy tips, fun surprises, and invites to events you actually want to go to. Don’t just watch from the sidelines—jump in and be part of the magic!








    By signing up, you're cool with getting emails from us. Don’t worry — your info stays safe, sound, and strictly confidential. No spam, no funny business. Just the good stuff.

    Recent Posts

    • Build-A-Bear recalls roughly 36,000 Heart-Warming Hugs Bears

      May 2, 2026
    • Thermos recalls 8.2 million bottles after stoppers eject, causing injury and reported vision loss

      May 2, 2026
    • The Onion’s bid to take over Alex Jones’ Infowars is in limbo as new court battles emerge

      May 2, 2026
    • Republican state attorneys general join lawsuit to stop $6.2B local TV merger

      May 1, 2026

    Categories

    • Economy (245)
    • Editor's Pick (3,646)
    • Investing (737)
    • Stock (6,426)

    Latest News

    • Build-A-Bear recalls roughly 36,000 Heart-Warming Hugs Bears
    • Thermos recalls 8.2 million bottles after stoppers eject, causing injury and reported vision loss

    Popular News

    • China’s central bank conducts 500 billion yuan of outright reverse repos in October
    • ASML’s dour outlook; Musk gives $75 mn to boost Trump run – what’s moving markets

    About The Significant deals

    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2026 thesignificantdeals.com | All Rights Reserved

    The Significant Deals
    • Investing
    • Stock
    • Editor’s Pick
    • Economy