Australian, South Korean Investors Pour More Cash Into SpaceX At $125 Billion Price Tag

South Korea’s Mirae Asset and Australia’s QIC were behind a $250 million cash injection into SpaceX, sources tell Forbes, maintaining SpaceX's recently-set valuation at $127 billion. It's the most...

Zoom investor tells startup founders: ‘Forget the past three years’ and accept 50% valuation hit

Founders are being advised to accept valuations 50% lower than just a few months ago. "That's the new normal, take it or leave it," says Nichole Wischoff, a startup executive turned VC. Founder...

Zoom investor tells startup founders: ‘Forget the past three years’ and accept 50% valuation hit

Founders are being advised to accept valuations 50% lower than just a few months ago. "That's the new normal, take it or leave it," says Nichole Wischoff, a startup executive turned VC. Founder...

SpaceX loses $900 million in rural broadband subsidies

The Federal Communications Commission said SpaceX had failed to show it could meet requirements for unlocking the funds. The funds aim to incentivize expanding broadband services to unserved areas...

Federal regulators cancel LTD rural broadband funding, leaving Minnesota buildout in limbo

LTD Broadband had won $311 million in federal subsidies to deploy broadband in Minnesota alone. LTD "is not reasonably capable of complying" with requirements for the program, FCC rules. FCC also...

SpaceX denied nearly $900 million in broadband subsidies

The Federal Communications Commission had earmarked the funds for SpaceX’s Starlink internet service. The company was slated to receive a total of $856 million, one of the largest chunks of the $9...

The Wall Street Journal: FCC rescinds broadband subsidies from Elon Musk’s Starlink

The Federal Communications Commission rescinded more than $2 billion in grants previously awarded to Elon Musk’s SpaceX and a small internet provider after the regulator ruled the companies...

Brazil's BRF posts Q2 net loss of $91.86 million

SAO PAULO - Brazilian pork and poultry processor BRF SA (NYSE:BRFS) on Wednesday reported net loss of 468 million real ($91.86 million), wider than forecast by analysts, who had predicted 156.93...

Dow Futures Trade Lower as Inflation Cools, Disney Reports

By Oliver Gray Investing.com - U.S. stock futures were trading slightly higher during Wednesday’s evening deals, following a strong rally among major benchmark average during regular trade as...

SpaceX loses $900 million in rural broadband subsidies

The Federal Communications Commission said SpaceX had failed to show it could meet requirements for unlocking the funds. The funds aim to incentivize expanding broadband services to unserved areas...

SpaceX denied nearly $900 million in broadband subsidies

As part of the same announcement, the FCC also said it's denying a $1.3 billion award earmarked for LTD Broadband, citing the fact that the internet service provider failed to obtain proper status...

SpaceX Misses Out On $888.5 Million Government Subsidy For Starlink

The FCC rejected SpaceX’s application to receive nearly $900 million through a rural broadband program, citing the Starlink satellite network’s high cost and slow internet speeds.

SpaceX denied $900 million in broadband subsidies

In a high-stakes decision, federal regulators announced Wednesday that SpaceX will not receive nearly $900 million in subsidies that the company was awarded in December, citing the fact that its...

SpaceX denied nearly $900 million in broadband subsidies

The Federal Communications Commission had earmarked the funds for SpaceX’s Starlink internet service. The company was slated to receive a total of $856 million, one of the largest chunks of the $9...

Matterport Lifts Revenue Guidance After Reporting Mixed Q2 Results; Shares Jump

By Yasin Ebrahim Investing.com -- Matterport raised its full-year guidance on revenue Wednesday after reporting mixed quarterly results as revenue fell shy of Wall Street estimates. The augmented...

SpaceX Denied Bid for Starlink Rural Broadband Subsidies

The Federal Communications Commission rescinded more than $2 billion in grants previously awarded to Elon Musk’s company and a small internet provider.

FCC cancels Starlink’s $886 million grant from Ajit Pai’s mismanaged auction

FCC rejects Starlink's application to receive $885.51 million in broadband funding. The grant was awarded by the FCC during then-Chairman Ajit Pai's tenure. The satellite provider still needed FCC...

The FCC rejects Starlink's application for a $885M subsidy to provide broadband to rural America over 10 years,...

The FCC has rejected the application of Starlink to provide broadband to rural America at a cost of $885 million over ten years, nullifying a tentative approval back in 2020. The agency said...

Elon Musk Sells Tesla Shares Worth Nearly $7 Billion

Elon Musk has sold nearly 8 million Tesla shares worth almost $7 billion. “It is important to avoid an emergency sale of Tesla stock” if Twitter forces him to close the $44 billion deal to buy the...

FCC cancels Starlink’s $886 million grant from Ajit Pai’s mismanaged auction

FCC rejects Starlink's application to receive $885.51 million in broadband funding. The grant was awarded by the FCC during then-Chairman Ajit Pai's tenure. The satellite provider still needed FCC...

FCC denies SpaceX bid for nearly $1 billion in rural broadband subsidies for Starlink

The FCC denied SpaceX's bid for nearly $1 billion worth of subsidies. The subsidies were to support rural broadband customers through the company's Starlink satellite internet network. The FCC...

FCC denies SpaceX bid for nearly $1 billion in rural broadband subsidies for Starlink

The FCC denied Elon Musk's SpaceX bid for nearly $1 billion worth in subsidies to support rural broadband customers through the company's Starlink satellite internet network.

FCC denies Starlink’s application for $885M subsidy

The FCC has rejected the application of Starlink to provide broadband to rural America at a cost of $885 million over ten years, nullifying a tentative approval back in 2020. The agency said...

SpaceX Starlink Satellites Are Running Into ‘Squalls’ Of Near Misses With Space Junk

While SpaceX may be able to manage those conjunctions with its technology, it may be more difficult for other operators of satellite constellations.

FCC denies SpaceX bid for nearly $1 billion in rural broadband subsidies for Starlink

The FCC denied SpaceX's bid for nearly $1 billion worth of subsidies. The subsidies were to support rural broadband customers through the company's Starlink satellite internet network. The FCC...

U.S. rejects broadband subsidies for SpaceX's Starlink, LTD

WASHINGTON - The U.S. Federal Communications Commission (FCC) said Wednesday it was rejecting the applications of SpaceX's Starlink and LTD Broadband to receive government subsidies through a...

U.S. rejects broadband subsidies for SpaceX's Starlink, LTD

The U.S. Federal Communications Commission (FCC) said Wednesday it was rejecting the applications of SpaceX's Starlink and LTD Broadband to receive government subsidies through a rural fund.

Elon Musk sells 7.92 million Tesla shares worth $6.88 billion

Tesla and SpaceX CEO said he had "no further TSLA sales planned" after April 28. Earlier this year, the Tesla and SpaceX. CEO said on social media that he had 'no more TSLa sales planned' After...

Elon Musk sells 7.92 million Tesla shares worth $6.88 billion

Tesla and SpaceX CEO said he had "no further TSLA sales planned" after April 28. Earlier this year, the Tesla and SpaceX. CEO said on social media that he had 'no more TSLa sales planned' After...

10 Foot Tall SpaceX "Space Junk" Crashes To Earth, Lands On Australian Sheep Farm

10 Foot Tall SpaceX "Space Junk" Crashes To Earth, Lands On Australian Sheep Farm It was just another boring old day on an Australian Sheep Farm... That is, until three "large chunks...

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