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You are here: Home / Technology / Musk Wants a Cut of $42 Billion Biden Internet Plan

Musk Wants a Cut of $42 Billion Biden Internet Plan

February 26, 2025 at 8:21 am EST By Taegan Goddard Leave a Comment

“When President Joe Biden put $42 billion behind making high-speed internet accessible across the US, he committed to doing it the old-fashioned way – with miles upon miles of fiber-optic lines,” Bloomberg reports.

“That frustrated Elon Musk, who said his Starlink satellite-internet business could get rural areas online faster, at lower cost. Biden’s decision helped drive a wedge between the Democratic president and the world’s richest person, who later used his wealth to help return Donald Trump to the White House.”

“Now, some Republicans want to open the floodgates for Starlink to compete with fiber, potentially shifting billions to Musk.”

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About Political Wire

goddard-bw-snapshotTaegan Goddard is the founder of Political Wire, one of the earliest and most influential political web sites. He also runs Political Job Hunt, Electoral Vote Map and the Political Dictionary.

Goddard spent more than a decade as managing director and chief operating officer of a prominent investment firm in New York City. Previously, he was a policy adviser to a U.S. Senator and Governor.

Goddard is also co-author of You Won - Now What? (Scribner, 1998), a political management book hailed by prominent journalists and politicians from both parties. In addition, Goddard's essays on politics and public policy have appeared in dozens of newspapers across the country.

Goddard earned degrees from Vassar College and Harvard University. He lives in New York with his wife and three sons.

Goddard is the owner of Goddard Media LLC.

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