By Jackie Wattles, CNN Business
The US government plans to give SpaceX nearly a billion dollars to beam internet from space to people across rural America, where three out of five people say access to broadband is still a pressing issue.
The company will receive 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 United States’ most underserved areas over the next 10 years.
