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.

The Federal Aviation Administration (FAA) is under increasing pressure to modernize the nation’s aging air traffic control (ATC) systems following a major

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,

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).