The Federal Communications Commission (FCC) in the US has granted Elon Musk's SpaceX $886 million as a feature of a program to help bring fast broadband Internet to the nation's country regions.

A sum of 180 bidders won the piece of the closeout uphold adding up to $9.2 billion to be dispersed throughout the following 10 years, the FCC said on Monday.

"I'm excited with the inconceivable achievement of this closeout, which carries invite news to a large number of detached provincial Americans who for a really long time have been on some unacceptable side of the computerized partition.

They currently remain to access rapid, top notch broadband help," FCC Chairman Ajit Pai said in an explanation. continue reading....