Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

SpaceX wanted more subsidies ($900M) to build starlink. They wanted ISP subsidies to reach "last mile" customers. The reason given for the subsidy rejection: SpaceX over-promised, under-delivered (an Elon theme).

Generally, Tesla built its sales on the EV subsidy, Solar City is based on Solar Installation subsidies. Starlink was going to be subsidy-driven. Most of the factories/land for Tesla, SpaceX, SolarCity were based on where the government would provide tax credits or other subsidies.

As Elon gets more politically active (and controversial) his ability to attract politicians for publicity will be scrutinized and harder to come by. Especially if he under-delivers on commitments.

https://www.fcc.gov/document/fcc-reaffirms-rejection-nearly-...

https://www.latimes.com/business/la-fi-hy-musk-subsidies-201...



You can't pull something you never gave. If you understand the RDOF bid and how Telco subsidies work you'll understand there's nothing political and talk about under delivering don't make sense because the time of the test is in the future




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: