SpaceX has stated that recent claims about the FAA possibly canceling a $2.4 billion contract with internet provider Verizon in favor of Starlink were false.

Elon Musk said Thursday that Verizon’s efforts to provide a critically needed upgrade to the FAA’s air traffic control system is failing. And he said that it is important that Starlink, a unit of his SpaceX satellite and rocket company,

Elon Musk's rocket company SpaceX said on Wednesday that its Starlink satellite unit has no intent to take over any Federal Aviation Administration telecommunications contract, rejecting media reports.

SpaceX has dismissed reports suggesting its Starlink satellite unit aims to take over a Federal Aviation Administration (FAA) telecommunications contract. The company clarified on X that Starlink is merely a

SpaceX (SPACE) on Wednesday clarified that Starlink (STRLK) was not getting any contracts from the U.S. government after recent media reports suggested that it could possibly receive one from the Federal Aviation Administration that was originally with Verizon (NYSE:VZ).