Another Elon Musk Company Could Land Billions in Federal Funding As Republicans Look to Tweak Biden-Era Program

The US Commerce Department may be preparing to overhaul a $42.5 billion Biden-era broadband expansion program, potentially paving the way for Elon Musk's Starlink to receive up to $20 billion in federal funding. (Credit: Chip Somodevilla/Getty Images)

The US Commerce Department may be preparing to overhaul a $42.5 billion Biden-era broadband expansion program, potentially paving the way for Elon Musk's Starlink to receive up to $20 billion in federal funding.

The Broadband Equity, Access and Deployment (BEAD) program was established under the 2021 infrastructure bill to expand high-speed internet access, prioritizing fiber-optic networks over satellite-based services like Starlink, the Wall Street Journal reported.