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home / articles / TECH - Elon Musk Slams Biden Over 'Outrageous Waste Of Taxpayer Money' For Connecting Rural America To Internet: 'If Wasting Billions Isn't Enough…' | Benzinga


TECH - Elon Musk Slams Biden Over 'Outrageous Waste Of Taxpayer Money' For Connecting Rural America To Internet: 'If Wasting Billions Isn't Enough…' | Benzinga

Billionaire entrepreneur and SpaceX CEO Elon Musk on Wednesday slammed the Biden administration’s $42.5 billion rural high-speed internet plan as an “outrageous waste of taxpayer money” on the heels of media reports that the plan, despite its big budget, failed to provide connectivity to the people.

What Happened: “This government program is an outrageous waste of taxpayer money and is utterly failing to serve people in need,” Musk said. The CEO was responding to a media report from The Washington Times that said that not a single home or business has been connected to new broadband networks nearly three years after President Biden signed the $42.5 billion federal modernization program into law in November 2021.


Musk, who has often criticized Biden as too “old” to serve as President, also opined that “some people” must lose their jobs over the lack of results from the program.

“Wow, that's crazy! Surely some people should lose their jobs over this? If wasting billions isn't enough, what *does* it take!?” the CEO wrote.

Full story available on Benzinga.com

Stock Information

Company Name: Bio-Techne Corp
Stock Symbol: TECH
Market: NASDAQ
Website: bio-techne.com

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