Elon Musk’s Starlink business could soon tap into $42 billion federal program | CNN Business

New York CNN  — 

The Commerce Department has changed its rules in a way that could open the door for Starlink, Elon Musk’s satellite internet service, to become part of a federal $42 billion grant program to bring high-speed service to rural and poor areas of the United States.

The rules of the program — known as Broadband Equity, Access, and Deployment or BEAD — previously gave preference to fiber-optic service. That essentially shut out services like Starlink, a unit of Musk’s SpaceX company, which beams high-speed online access from its satellites in low-earth orbit to terminals

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