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Elon Musk: US’ Starlink deal could have cost substantially less
The aftermath of Hurricane Helene has reiterated the potential of using Starlink in areas that have been ravaged by natural disasters. In a recent comment on social media platform X, Elon Musk noted that the United States’ Starlink deal, which was later revoked by the FCC, could have cost significantly less if the government did not insist on “so many crazy requirements that add no value.”
As noted in a FOX News report, the FCC launched an initiative four years ago that awarded grants to companies that could provide high-speed internet access to the United States’ underserved areas. SpaceX won an $885.5 million grant from the initiative, which was intended to connect over 640,000 homes and businesses—at a cost of about 1,300 per kit—in 35 states across the country. The grant, however, was rescinded in 2022. The FCC reaffirmed its decision in December 2023.
Starlink’s capability to provide internet connectivity in areas affected by disasters was highighted recently as FEMA and private individuals and organizations deployed Starlink kits to areas that were hit hard by Hurricane Helene. Amidst the ongoing recovery efforts, some users in X noted that the five most impacted states by Hurricane Helene would have over 92,800 Starlink kits at their disposal had the FCC not revoked its award for the satellite internet system. What’s more, each Starlink kit in the five most affected states would have cost just over $1,000 per kit.
True— Elon Musk (@elonmusk) October 1, 2024
In a response on X, SpaceX CEO Elon Musk noted that the price of each Starlink kit for the United States’ underserved areas could actually have been lower. As per Musk, the price of every Starlink kit under the rescinded FCC award got higher because the government insisted on requirements that didn’t really add anything of value. “By the way, the price could be much less if the government didn’t insist on so many crazy requirements that add no value,” Musk wrote in his response on X.
By the way, the price could be much less if the government didn’t insist on so many crazy requirements that add no value— Elon Musk (@elonmusk) October 1, 2024
Since rescinding Starlink’s $885 million award, the United States government would now be spending over $42 billion to provide fiber high-speed internet to underserved areas. As noted by FCC Commissioner Brendan Carr, “Now you’ve got cases where the government is spending in the ballpark of, and in some cases in excess of, $100,000 per location to build out fiber high-speed internet to these locations.”
Absolutely— Elon Musk (@elonmusk) October 1, 2024
Interestingly enough, FCC Chairwoman Jessica Rosenworcel also hinted at a conference earlier this year that Starlink has growth far too prolific, and that the satellite internet system needs some competition. As per the FCC Chairwoman, Starlink has “almost two-thirds of the satellites that are in space right now and has a very high portion of internet traffic.” She also noted that “Our economy doesn’t benefit from monopolies. So we’ve got to invite many more space actors in many more companies that can develop constellations and innovations in space.”
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Tesla (NASDAQ: TSLA) reported its earnings for the first quarter of 2026 on Wednesday afternoon. Here’s what the company reported compared to what Wall Street analysts expected.
The earnings results come after Tesla reported a massive beat on vehicle deliveries for the second quarter, delivering 489,126 vehicles and building 451,758 cars during the three-month span.
This was a major shock for those on Wall Street as they anticipated somewhere around 400,000 deliveries for the quarter, and showed Tesla still has plenty of demand for its vehicles around the world and in the U.S. despite losing the $7,500 EV Tax Credit last year.
Tesla Q2 2026 Earnings Results
- Non-GAAP EPS – $0.33 reported vs. $0.53 expected
- Revenues – $28.236 billion reported vs. $26.4 billion expected
- Free Cash Flow- -$1.092B
- Profit -$ 4.751B
Tesla (beat/missed) analyst expectations, so the market response to the company’s quarter is what we will look for next.
Tesla shares closed today down just over 1 percent, trading at $374.01.
In the past, it has been anyone’s guess with what Tesla shares will do after they report earnings. Strong quarters have resulted in sharp drops, while lackluster quarters have seen the stock shoot up considerably.
Tesla will hold its Q2 2026 Earnings Call in about 90 minutes at 5:30 p.m. on the East Coast. Remarks will be made by CEO Elon Musk and other executives, who will shed some light on the investor questions that we covered earlier this week.
You can stream it below. Additionally, we will be doing our Live Blog on X and Facebook.
Q2 2026 Earnings Call https://t.co/zZS6ii2TWK
— Tesla (@Tesla) July 22, 2026
Tesla is about to make parking in busy parking lots at businesses and other points of interest less stressful than ever by allowing drivers more control over where they park and how, CEO Elon Musk confirmed on X.
Tesla has been working to improve the parking performance of vehicles utilizing the Full Self-Driving suite, but now it is looking to add more customization, allowing drivers to choose the specific space they park in, but also potentially the orientation the car pulls into the spot:
It’s coming soon
— Elon Musk (@elonmusk) July 21, 2026
Musk has reiterated on X twice over the past several weeks that Tesla is working to make things with the FSD suite based more on the driver’s specific preferences and behaviors that were seen in past drives.
Essentially, it sounds like if you tend to park away from a business to avoid other vehicles, Tesla FSD will soon recognize that preference of yours and start parking further away as well. Additionally, the prospect of assigned parking spaces has been something many owners have voiced concerns about.
Living in a community with assigned parking spaces makes using FSD incredibly difficult as it will rarely park in the correct spot when there are so many to choose from. This is also pertinent in work settings where there are sometimes assigned parking spaces.
The updates to Tesla’s Full Self-Driving suite in terms of listening to driver preferences with parking are also extending to routing. Tesla announced yesterday that with the release of its 2026 Summer Update, it was adding Automatic Navigation and Preferred Routes:
Tesla reveals 2026 Summer Update with crazy fixes to Nav and more
Tesla has always maintained the idea that any human input is bad input, and that, ideally, Tesla Full Self-Driving will always make the right decision. Of course, this is all in theory, but the issue is that so many of Tesla’s interventions have come because it does something that is not necessarily wrong, but perhaps not what the driver would prefer.
Taking these preferences into account will help Tesla alleviate some of the potentially unnecessary interventions that drivers perform.
Tesla is starting to prepare for the launch of the Optimus robot in its smartphone app, new coding strings show. Elon Musk has referred to Optimus as what will be the greatest-selling product of any kind of all time, and now, Tesla is getting ready for its launch.
Tesla’s smartphone app had several first-time mentions of the Optimus program, according to Tesla App Updates, who intially reported on the appearance. Here’s what they found:
A Dedicated “Robot” Phone Key Authentication
Tesla is working on a Bluetooth Low Energy, or BLE, authentication that is specifically for robots. This does not only apply to Optimus, though, as Robotaxi, which is Tesla’s autonomous ride-hailing platform, might also identify vehicles within the fleet as robots as well.
Tesla shows rapid teardown of Model S and X lines, paving the way for Optimus at Fremont
Essentially, pairing your phone as a key to anything Tesla identifies as a robot to a “whitelist” of authorized devices. Optimus, Robotaxi, or other products that fall into this category will only respond if the device trying to communicate with it is authorized.
This is a great security feature that will eliminate at least face-value and low-level threats.
Home Data Collection and System Alerts
This appears to be somewhat of a neural network for Optimus within your house. There will be a dedicated screen that asks for consent to collect both video and spatial data while Optimus performs in-home tasks. Everything from vacuuming, washing dishes, dusting, and other activities will be tracked.
There will also be a comprehensive alert system that will track everything from low battery to mechanical issues.
Other Changes
Most of the changes tracked in this particular app update are related to Tesla’s 2026 Summer Update, and include things such as image assets for new features, a preview of the new custom wraps feature, and other unique features.
You can check out our coverage on what is included with the 2026 Summer Update here:
Tesla reveals 2026 Summer Update with crazy fixes to Nav and more
Tesla (TSLA) Q2 2026 earnings results: miss on EPS, beat on revenue
Tesla is about to make parking in busy lots less stressful than ever
