FCC doubts ability to provide high-speed, low-latency service in all grant areas.

SpaceX blasts FCC as it refuses to reinstate Starlink’s $886 million grant::FCC doubts ability to provide high-speed, low-latency service in all grant areas.

  • skozzii@lemmy.caEnglish
    444·
    11 months ago

    Musk cannot make a profitable company without government subsidies. Hilarious.

    • LordKitsuna@lemmy.worldEnglish
      174·
      11 months ago

      Almost no major company can, have you seen how much the US subsidizes oil and gas despite their profits? How much we subsidize food production? Renewable technology such as wind and solar is only becoming so vastly popular because we’re heavily subsidizing it finally.

      Don’t get me wrong fuck Elon musk, but don’t kid yourself and pretend like most companies wouldn’t fail without subsidies. That includes other internet companies which we subsidize regularly

      • set_secret@lemmy.worldEnglish
        2·
        11 months ago

        there’s no greater welfare than corporate welfare. And for some absolutely bizzare reason, people are ok with this. it’s even worse because a lot of these companies don’t just make obscene profits on the back of tax payer ‘donations’ they they go on to in some cases pay zero or close to zero tax. (gas and oil companies are the greatest offenders BTW).